The risk of an investment project is defined in terms of the potential variability of its returns.

Question:

The risk of an investment project is defined in terms of the potential variability of its returns. When only one return is possible—for example, as with U.S. government securities held to maturity—there is no risk. When more than one return is possible for a particular project, it is risky. P-698

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: