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Which of the following is a suitable characteristic of a proxy firm used to calculate a foreign project beta? Select one: a. The proxy firm
Which of the following is a suitable characteristic of a proxy firm used to calculate a foreign project beta?
Select one:
a.
The proxy firm is in the different industry as the project.
b.
The proxy firm is a private firm.
c.
The proxy firm has a different debt ratio.
d.
The proxy firm is located in the project's country.
e.
The proxy firm has a different risk exposure.
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