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If a firm adopts a large proportion of above-average-risk investment projects that are not offset by below-average-risk investment projects ____ Its cost of capital will
If a firm adopts a large proportion of above-average-risk investment projects that are not offset by below-average-risk investment projects ____ Its cost of capital will rise The average risk premium for the firm will decline The risk-free rate will increase as more risk is added None of the above Please explain
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Public School Finance Decoded
Authors: Jay C. Toland
1st Edition
1475827679, 978-1475827675
