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Which of the following statements is CORRECT? Select one: O a. Industry characteristics and economic conditions contribute to a firm's business risk, but these factors

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Which of the following statements is CORRECT? Select one: O a. Industry characteristics and economic conditions contribute to a firm's business risk, but these factors are generally beyond management's control. O b. One of the benefits to a firm of being at or near its target capital structure is that this eliminates any risk of bankruptcy. O c. A firm's financial risk can be minimized by diversification. O d. The amount of debt in its capital structure will affect a company's business risk. Oe. A firm's business risk is determined solely by the financial characteristics of its industry. Which of the following statements is CORRECT? Select one: O a. Industry characteristics and economic conditions contribute to a firm's business risk, but these factors are generally beyond management's control. O b. One of the benefits to a firm of being at or near its target capital structure is that this eliminates any risk of bankruptcy. O c. A firm's financial risk can be minimized by diversification. O d. The amount of debt in its capital structure will affect a company's business risk. Oe. A firm's business risk is determined solely by the financial characteristics of its industry

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