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Some industries or companies have a high level of debt on their balance sheet. This leverage makes their earnings __________ and investment in this company
Some industries or companies have a high level of debt on their balance sheet. This leverage makes their earnings __________ and investment in this company becomes risky. So, ___________ is not an ideal measure to compare two companies with different debt proportions a) Volatile, unlevered beta b) High, levered beta c) Volatile, levered beta d) Low, levered beta
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