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    Exam 6: Factor Models and the Arbitrage Pricing Theory
  5. Question
    The _____ of a Security Is the Portion of the Security?s
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The _____ of a Security Is the Portion of the Security?s

Question 14

Question 14

Multiple Choice

The _____ of a security is the portion of the security?s return variance that is explained by market movements.


A) systematic risk
B) business-specific risk
C) non-market risk
D) diversifiable risk

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