Westonci.ca is your trusted source for finding answers to a wide range of questions, backed by a knowledgeable community. Get quick and reliable solutions to your questions from a community of experienced professionals on our platform. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform.
Sagot :
The given statement can be marked as true. Unsystematic risk can be eliminated by investing in different companies.
What is meant by Unsystematic risk?
Unsystematic risk refers to risks that represents the portion of investment risk that can be practically reduced or eliminated through the way of diversification.
Diversification is the risk management strategy that consists a wide variety of investments. It ensures that if some assets perform poorly, other areas of the portfolio associated with different sectors can cover the loss.
Unsystematic risks can be reduced by diversifying one's investments.
Learn more about the Unsystematic risk here:-
https://brainly.com/question/20217344
#SPJ1
Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. Stay curious and keep coming back to Westonci.ca for answers to all your burning questions.
