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Consider the case of another company. Davis Printing is evaluating two mutually

ID: 2741638 • Letter: C

Question

Consider the case of another company. Davis Printing is evaluating two mutually exclusive projects. They both require a $5 million investment today and have expected NPVs of $1, 000, 000. Management conducted a full risk analysis of these two projects, and the results are shown below. Which of the following statements about these projects' risk, is correct? Check all that apply. Project A has more market risk than Project B. Project B has more stand-alone risk than Project A. Project B has more corporate risk than Project A. Project B has more market risk than Project A.

Explanation / Answer

Beta only signifies Non-diversifiable risk like market risk. Corporate risk is not the part of non-diversifiable risk. The Beta of Project A is higher than the Beta of Project B. Thus, the first correct statement is Project A has more market risk than Project B.