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Conservatively leveraged Firm A and highly leveraged Firm B operate at the same level of earnings before interest and taxes. Which firm has a higher

Conservatively leveraged Firm A and highly leveraged Firm B operate at the same level of earnings before interest and taxes. Which firm has a higher change in volume?

A. Firm A

B. Firm B

C. The change in volume does not affect the amount of leverage.

D. There is not enough information to answer the question.

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