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10) When a company is highly leveraged, this means: A) the company has excess cash balances B) the only source of long-term funding that the

10) When a company is highly leveraged, this means:

A) the company has excess cash balances

B) the only source of long-term funding that the company uses is common stock

C) the company has a high percentage of Long-Term Debt on its Balance Sheet

D) the company pays a high level of cash dividends to shareholders

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