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All else equal, a firms equity beta will ___ with leverage because stockholders have a residual claim on the companys cash flows. increase decrease not
All else equal, a firms equity beta will ___ with leverage because stockholders have a residual claim on the companys cash flows.
| increase | ||
| decrease | ||
| not change |
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Options Futures And Other Derivatives
Authors: John Hull
11th Global Edition
1292410655, 9781292410654
