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What is Industry Risk
An industry may be viewed as group of companies which compete with each other to market a homogeneous product. Industry risk is that portion of an investment's total variability of return caused by events which affect the products and firms that make up an industry.
Risk is inherent in business and hence there is no escape from the risk for a businessman. However, he may face this problem with greater confidence if he adopts a scientific appro
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what is binomial model
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