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Which of the following statements concerning risk is least accurate? Business risk is the risk associated with the industry or environment in which a business
Which of the following statements concerning risk is least accurate?
Business risk is the risk associated with the industry or environment in which a business operates.
Country risk, or political risk, is the variability in a securitys returns resulting from the instability of a country's economy or government.
Market risk is the variability in a securitys returns resulting from fluctuations in the overall market.
Financial risk is associated with the use of equity as part of a company's capital structure.
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