Unsystematic risk is defined as the risk:
A)that applies to an individual's portfolio
B)that affects a small number of securities
C)that affects the entire market
D)associated with unexpected events of any nature
E)derived solely from expected events

Question

Quizplus · Accepted Answer

Unsystematic risk is specific to a particular company or industry, affecting a small number of securities, and can be mitigated through diversification.

Unsystematic Risk Is Defined as the Risk