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Leverage means using borrowed money to do which of the following? Select one: a. Earn a return greater than the cost of borrowing. b. Earn

Leverage means using borrowed money to do which of the following?

Select one:

a. Earn a return greater than the cost of borrowing.

b. Earn a return less than the cost of borrowing.

c. Earn a return equal to the cost of borrowing.

d. Retire other long-term debt, such as bonds.

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