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mantparn mantparn
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7 years ago
A firm produces goods which has high sales when the economy is expanding and low sales during a recession. This firm's overall risk will be higher if it invests in another product which is counter cyclical.
Textbook 
Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
Authors:
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alovelyalovely
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7 years ago
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More solutions for this book are available here
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"It is better to fail in originality than to succeed in imitation."

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mantparn Author
wrote...
7 years ago
Thanks again for helping me in my management class!
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