Because investors can eliminate unsystematic risk "for free" by diversifying their portfolios, they ________

A) do not require a risk premium for bearing it
B) require a risk premium for bearing it
C) are indifferent about credit spread and risk premium
D) do not require a credit spread

Answer: A

Business

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John is selling his property for $225,000. He has a loan balance of $50,000. He has agreed to provide financing to the purchasers in the amount of $200,000 and will continue to make payments on the original loan. This type of loan is called a

A) package loan B) wraparound loan C) blanket loan D) loan assumption

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A(n) ________ is a possible product the company might offer to the market

A) test brand B) alpha product C) beta version product D) product idea E) product concept

Business