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Which of the following is / are true about Debt? I. Less debt is ALWAYS better than more debt for a corporation II . Debt
Which of the following isare true about Debt?
I. Less debt is ALWAYS better than more debt for a corporation
II Debt magnifies potential losses but also magnifies potential gains.
III. Debt increases a firm's level of overall risk
IV Debt is considered "leverage", acting as a way to increase the power of a firm's assets
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