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The reason that financial leverage increases shareholder risk is that there is: Group of answer choices a)less business risk to be spread around. b)more financial
The reason that financial leverage increases shareholder risk is that there is:
Group of answer choices
a)less business risk to be spread around.
b)more financial risk due to reduced business risk.
c)more debt which increases the operating risk.
d)less equity to absorb the operating risk.
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