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Metcalf InC is planning to buy a new machine to begin making one of its component parts internally rather than contracting it out to a
Metcalf InC is planning to buy a new machine to begin making one of its component parts internally rather than contracting it out to a supplier. Since this is a major investment they plan to fund it by issuing additional common stock. Assuming that this change has no initial impact on EBIT, the change should do what to operating and financial leverage?
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