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The two figures below show characteristic lines for Pulte and for an exchange traded fund that buys the S&P 500 index on margin. Which investment

The two figures below show characteristic lines for Pulte and for an exchange traded fund that buys the S&P 500 index on margin. Which investment has more firm-specific (unsystematic) risk?

  • Margin Index Fund

    Margin Index Fund

  • Pulte

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