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Financial risk is defined as the: a.equity risk that comes from the capital structure of a firm. b.risk associated with a firm's level of surplus

Financial risk is defined as the:

a.equity risk that comes from the capital structure of a firm.

b.risk associated with a firm's level of surplus cash.

c.probability that a firm's weighted average cost of capital (WACC) will increase.

d.credit risk associated with the firm's borrowing

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