Question
QUESTION 28 Henry worked in a bank for over 10years and,because of his experience, he only likes to invest in bank stocks.90% of Henry's portfolio
QUESTION 28
Henry worked in a bank for over 10years and,because of his experience, he only likes to invest in bank stocks.90% of Henry's portfolio is in the stocksCitigroup, JP Morgan Chase, Goldman Sachs, and BarclaysBank, while 10% is in technology stocks, mostly Apple.What kind of risk is Henry exposed to?
- Idiosyncratic Risk
- Systematic Risk
- Technical Risk
- Both idiosyncratic risk and systematic risk.
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Modern Portfolio Theory and Investment Analysis
Authors: Edwin Elton, Martin Gruber, Stephen Brown, William Goetzmann
9th edition
9781118805800, 1118469941, 1118805801, 978-1118469941
