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Which of the following is NOT / NEVER a benefit of obtaining additional cash by refinancing? The investor can increase financial leverage It is an

  1. Which of the following is NOT / NEVER a benefit of obtaining additional cash by refinancing?

  1. The investor can increase financial leverage
  2. It is an alternative to a sale of the property
  3. Risk is decreased
  4. No taxes have to be paid on funds received by additional borrowing
  5. The additional cash may be able to be used for new investment

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