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Which one of the following statements is correct? A The lower the level of a firm's debt, the higher the firm's leverage. B The lower

Which one of the following statements is correct? A The lower the level of a firm's debt, the higher the firm's leverage. B The lower the level of a firm's debt, the lower the firm's equity multiplier. C The lower the level of a firm's debt, the higher the firm's equity multiplier. D The tax benefit from using debt financing reduces a firm's risk

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