Question
The use of leverage will, a. Generally increase the standard deviation of the return to a project. b. Only affect the standard deviation of the
The use of leverage will,
a. Generally increase the standard deviation of the return to a project.
b. Only affect the standard deviation of the return to a project if there are bankruptcy costs.
c. Generally decrease the standard deviation of the return to a project.
d. Generally have no effect on the standard deviation of the return to a project.
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M: Finance
Authors: Marcia Cornett, Troy Adair, John Nofsinger
5th Edition
1260772357, 9781260772357
