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    Firm-Specific Risk Is a Residual Risk That Arises Because the Movement
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Firm-Specific Risk Is a Residual Risk That Arises Because the Movement

Question 55

Question 55

True/False

Firm-specific risk is a residual risk that arises because the movement in a spot (cash) asset's price is not perfectly correlated with the movement in the price of the asset delivered under a futures or forward contract.

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