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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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