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66. If the N01, as a percent rate of return on assets, drops below the debt-service constant: a. using financial leverage will reduce the current

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66. If the N01, as a percent rate of return on assets, drops below the debt-service constant: a. using financial leverage will reduce the current return on equity. b. using financial leverage will increase the current return on equity. c. the greater the financial leverage, the higher the current return on equity. (1. b and c above. e. none of the above

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