The use of financial leverage by the firm has NO potential impact on which of the following?

(1) The risk associated with the firm's operations.

(2) The risk experienced by the stockholders

(3) The probability of going bankrupt

(4) The variability of operating income

(5) The variability of net income

Group of answer choices

1, 2

2, 4

1, 3

1, 4

3, 4