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Basic Question 7 of 8

In a firm's life cycle (start-up, growth, mature and decline), business risk is ______ and financial risk is ______ in the early stage.

A. low, low
B. high, low
C. low, high

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I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz

Tamara Schultz

Learning Outcome Statements

describe various types of business models

CFA® 2024 Level I Curriculum, Volume 2, Module 7.