Which of the following is not a correct statement regarding business risk and financial instruments?
A) Business risks associated with financial instruments will vary depending of the aggressiveness of a company's investing activity.
B) Business risk will be higher for companies investing in less liquid securities.
C) Financial services firms are exposed to very little risk with their financial instruments.
D) Business risk for a company will be higher when investments represent a greater proportion of total assets.
Correct Answer:
Verified
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