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If a high percentage of a firm's operating costs are fixed and hence do not decline when demand falls off, this will _____. Select one:
If a high percentage of a firm's operating costs are fixed and hence do not decline when demand falls off, this will _____.
Select one:
a. decrease financial leverage
b. optimize the capital structure of the firm
c. increase the business risk of the firm
d. decrease the firm-specific risk of the firm
e. intensify the risk borne by the firm's common stockholders
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