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A firm is managing five major projects. The value of the firm is the __________ of the net present values of the projects, and the
A firm is managing five major projects. The value of the firm is the __________ of the net present values of the projects, and the risk level of the firm is the __________ of the projects adjusted for debt financing.
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A: average; sum of the betas
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B : sum; average beta
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C : sum; sum of the betas
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