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B 13-31 If a company's bonds bear a company's borrowings bear an after-tax rate of interest of 6%, and the company's assets are generating an

image text in transcribed B 13-31 If a company's bonds bear a company's borrowings bear an after-tax rate of interest of 6%, and the company's assets are generating an after-tax return of 7%, then the leverage vould be: Multiple Choice neither positive nor negative. positive. impossible to determine without knowing the return on common shareholders' equity. negative

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