The business risk of a company: Multiple Choice
A. is dependent upon the relative weights of the debt and equity used to finance the company.
B. has a positive relationship with the company's cost of equity.
C. depends on the company's level of unsystematic risk.
D. has no relationship with the required return on a company's assets according to M&M theory.
E. is inversely related to the required return on the company's assets.
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