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One factor that can affect the market risk of a project is its degree of operating leverage, which is: a) the relative proportion of fixed

One factor that can affect the market risk of a project is its degree of operating leverage, which is:

a) the relative proportion of fixed versus variable costs.

b) the relative proportion of operating assets versus equity.

c) the relative proportion of operating expenses versus non-operating expenses.

d) the relative proportion of operating assets versus non-operating assets.

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