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Which of the following statements is true? A. A debt-free firm will always have zero operating leverage B. A debt-free firm will always have a
Which of the following statements is true?
A. A debt-free firm will always have zero operating leverage B. A debt-free firm will always have a break-even point of zero C. The business risk of a firm generally rises as the degree of operating leverage increases
D. Firms with high break-even levels suffer from high systematic risk exposure
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