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Cost of capital and risk evaluation

Respond to the questions below.
How do we define and measure risks in financial projects?
What are examples of uses for sensitivity analysis and what-if scenarios? Any examples from your work experience or research?
How do we define fixed and variable costs?
Give examples of the different types of costs in various applications from your experience or research.
Give one example from your research, work, or personal life of an application of the material.

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