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Indicate whether each of the following 7 statements is TRUE or FALSE by writing (or circling) the word TRUE or FALSE on your answer sheet.

Indicate whether each of the following 7 statements is TRUE or FALSE by writing
(or circling) the word TRUE or FALSE on your answer sheet. Then provide an
explanation for your answer within 8 lines
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4. Financial risk is reflected in the variability in the returns a company may generate on its assets and is mainly driven by the risks inherent in the industry that the company operates in

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