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A firm with high financial leverage is characterized by _____ while one with high operating leverage is characterized by _____. a. low fixed costs of

A firm with high financial leverage is characterized by _____ while one with high operating leverage is characterized by _____.

a.

low fixed costs of production; high variable financial costs

b.

high fixed financial costs; high fixed costs of production

c.

low fixed cost of production; low fixed financial costs

d.

high variable financial costs; high variable cost of production

e.

high fixed costs of production; high fixed financial costs

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