Which of the following risk types can be diversified by adding stocks to a portfolio?
A) Systematic risk
B) Unique risk
C) Default risk
D) Market risk
Ans: B) Unique risk
Business
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Dinder Mufflin is a Pennsylvania-based paper company. Dinder Mufflin is all equity financed. Its shares are trading for $7.67 and it has 433 million shares outstanding
The company has excess cash of $831.36 million that it wants to distribute using a fixed-price tender offer. It has announced that it will pay $9.60 per share and that it seeks to buy back 20% of outstanding shares. What will the stock price be after the repurchase? A) $5.2083 B) $7.1875 C) $9.5875 D) $11.9875 E) $13.1875
Business
Version management systems provide version control
Indicate whether the statement is true or false
Business