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Which of the following statements is CORRECT as a firm takes on more debt? a. Typically its financial risk and total risk will both increase.

Which of the following statements is CORRECT as a firm takes on more debt?

a. Typically its financial risk and total risk will both increase.

b. Typically its business risk will increase.

c. Typically its stock price will increase.

d. Typically its WACC will increase.

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