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(1 alternative correct) Generally, the _____ a firm's fixed costs are the _____ the beta and the _____ the risk free rate is the _____
(1 alternative correct)
Generally, the _____ a firm's fixed costs are the _____ the beta and the _____ the risk free rate is the _____ is the cost of equity.
Answer choices:
a. higher, lower, higher, lower
b. lower, lower,higher lower
c. higher, higher, lower, lower
d. higher, higher, higher, lower
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