5. Sammy buys stock in a suntan-lotion maker and also stock in an umbrella maker. One stock...

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5. Sammy buys stock in a suntan-lotion maker and also stock in an umbrella maker. One stock does well when the weather is good; the other does well when the weather is bad. Sammy’s portfolio indicates that “weather risk” is a _______ risk.

LO37.6

a. Diversifiable.

b. Nondiversifiable.

c. Automatic.

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Economics

ISBN: 9781259723223

21st Edition

Authors: Campbell McConnell, Stanley Brue, Sean Flynn

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Question Posted: Sep 30, 2024 10:04 AM

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5. Sammy buys stock in a suntan-lotion maker and also stock in an umbrella maker. One stock...

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Economics

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