Question
For securities, the relevant risk is market risk, but for projects, the relevant risk is the total risk as represented by the variance of return
"For securities, the relevant risk is market risk, but for projects, the relevant risk is the total risk as represented by the variance of return because investors could not directly own the projects." True or false?
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Finance For Nonfinancial Managers
Authors: Gene Siciliano
2nd Edition
0071824367, 978-0071824361
