Captivate 5 and Flash Player version

Hello all,

I've recently begun using Captivate 5 to create software demo's that we then import into Articulate. I'm well aware of the compatibility issue with Captivate 5 files and their use of AS3. My question is about the Flash player versions. When publishing a Captivate file you only have the choice of using Flash Player v9 or v10. Our minimum flash player as per IT is version 7. After a swf file imported into Articulate and published what happens if you try to play this file on a computer that has Flash Player 7? Will the movie play at all?

I work in a very large organization and have zero influence on upgrading our Flash player version.

I hope I've explained this clearly enough.