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(Multiple Choice) If a firm applies its overall firm's beta to projects with varying levels of risk, the firm will tend to: -remain at its
(Multiple Choice) If a firm applies its overall firm's beta to projects with varying levels of risk, the firm will tend to:
-remain at its current level of overall risk.
-become riskier over time.
-reject the riskiest projects.
-accept all low-risk projects.
-accept only projects of equal risk to its current operations.
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