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Which of the following is/are TRUE? I. A firm's leveraged beta will always be greater than its unleveraged beta. II. The larger the amount of

Which of the following is/are TRUE?

I. A firm's leveraged beta will always be greater than its unleveraged beta.

II. The larger the amount of debt in a firm's capital structure, the smaller will be the firm's leveraged beta.

-Both I and II

-I

-II

-Neither I nor II

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