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Which of the following statements is true? Select one: Business risk is not impacted by financial leverage, therefore, the level of business risk does not
Which of the following statements is true? Select one: Business risk is not impacted by financial leverage, therefore, the level of business risk does not impact the level of financial leverage used by a firm. Generally the higher a firm's business risk, the higher the amount of financial leverage that should be used in the optimal capital structure. Financial risk is not impacted by financial leverage, therefore, the level of business risk does not impact the level of financial leverage used by a firm. Generally the lower a firm's business risk, the lower the amount of financial leverage that should be used in the optimal capital structure. O Generally the higher a firm's business risk, the lower the amount of financial leverage that should be used in the optimal capital structure
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