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7 Which of these firms is less likely to face financial distress? Clarify what financial distress is A. An all equity-financed firm with high cash

7 Which of these firms is less likely to face financial distress? Clarify what financial distress is A. An all equity-financed firm with high cash flow volatility. B. An all debt-financed firm with low cash flow volatility. C. A highly levered but partially equity-financed firm. D. A firm with moderate level of leverage and high cash flow volatility. E. An all debt-financed firm

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