18-01 Explain whether each of the following projects is likely to have risk similar to the average risk of the firm.

1. The Clorox Company considers launching a new version of Armor All designed to clean and protect notebook computers.
2. Google, Inc., plans to purchase real estate to expand its headquarters.
3. Target Corporation decides to expand the number of stores it has in the southeastern United States.
4. GE decides to open a new Universal Studios theme park in China.