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Business, 16.04.2020 21:34 kaylynnstanley22

Sammy buys stock in a suntan-lotion maker and also stock in an umbrella maker. One stock does well when the weather is good; the other does well when the weather is bad. Sammy’s portfolio indicates that "weather risk" is risk.

a. Diversifiable.
b. Non-diversifiable.
c. Automatic.

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Sammy buys stock in a suntan-lotion maker and also stock in an umbrella maker. One stock does well w...

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