Systematic risk is defined as:
A)any risk that affects a large number of assets.
B)the total risk of an individual security.
C)diversifiable risk.
D)asset-specific risk.
E)the risk unique to a firm's management.

Question

Quizplus · Accepted Answer

Systematic risk refers to the risk that affects a large number of assets, often caused by factors such as economic changes, political events, or natural disasters, and cannot be eliminated through diversification.

Systematic Risk Is Defined As