Question
The equity risk that comes from the nature of a firm's operating activities is known as Blank______ risk.
Multiple choice question.
financial
stand-alone
business
portfolio
Multiple choice question.
financial
stand-alone
business
portfolio
Answers
GPT-4o mini
The correct answer is **business** risk.
Business risk refers to the variability in a firm's operating income due to the nature of its operating activities and market conditions.
Business risk refers to the variability in a firm's operating income due to the nature of its operating activities and market conditions.