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Distinguish between beta (or market) risk, within-firm (or corporate) risk, and stand-alone risk for a project being considered for inclusion in the capital budget. Which

Distinguish between beta (or market) risk, within-firm (or corporate) risk, and

stand-alone risk for a project being considered for inclusion in the capital budget.

Which type of risk do you believe should be given the greatest weight in

capital budgeting decisions? Explain.

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