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Which one of the following is an example of a nondiversifiable risk? a. a well-respected chairman of the Federal Reserve Bank suddenly resigns b. a
Which one of the following is an example of a nondiversifiable risk?
a. a well-respected chairman of the Federal Reserve Bank suddenly resigns
b. a well-respected president of a firm suddenly resigns
c. a poorly managed firm suddenly goes out of business due to lack of sales
d. a key employee suddenly resigns and accepts employment with a key competitor
e. a well-managed firm reduces its work force and automates several jobs
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