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Which one of the following is an example of a nondiversifiable risk? Multiple Choice A well-respected president of a firm suddenly resigns. A well-respected governor
Which one of the following is an example of a nondiversifiable risk? Multiple Choice
A well-respected president of a firm suddenly resigns.
A well-respected governor of the Bank of Canada suddenly resigns.
A key employee of a firm suddenly resigns and accepts employment with a key competitor.
A well-managed firm reduces its work force and automates several jobs.
A poorly managed firm suddenly goes out of business due to lack of sales.
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