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Which of the following is FALSE? Question options: Value Unlevered is the firm value without debt The lower the debt-equity ratio, the lower the risk

Which of the following is FALSE? Question options:

Value Unlevered is the firm value without debt

The lower the debt-equity ratio, the lower the risk of financial distress

The optimal debt level maximizes the firm's value

Additional debt beyond the optimal debt level is expected to be acquired at a lower cost

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