Hector's company develops more than 16 applications a year and accounts for the entire development cost as a loss if any one application is not successful. Hector's company can expect to earn _______ return. Considering the 60% failure rate as high risk in the industry, this example shows that: A project with high project risk may have high beta or systematic risk A project with high project risk may not have high beta or systematic risk Hector is thinking about expanding into the website development business. The website development business has a lower beta than the mobile application development business and is not positively correlated to the mobile application development business. With this expansion, the beta of Hector's firm is likely to It is important for diversified firms as well as small business owners like Hector to evaluate project risk along with its beta risk. There are several methods of evaluating project risk. When comparing two projects, when is the coefficient of variation an appropriate measure of project risk? When the two projects differ in size When the two projects are the same in size