The riskiness of an asset that is unique to the particular asset is
A)systematic risk.
B)portfolio risk.
C)investment risk.
D)nonsystematic risk.

Question

Quizplus · Accepted Answer

Non-systematic risk, also known as idiosyncratic risk or specific risk, is the risk that is unique to a particular asset or company and cannot be diversified away. This type of risk is not related to broader market risks or economic factors and can be reduced through diversification.

The Riskiness of an Asset That Is Unique to the Particular