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Why does adding debt to a firm's capital structure make the firm's equity more risky? a. It increases the financial risk of the company b.
Why does adding debt to a firm's capital structure make the firm's equity more risky?
a. It increases the financial risk of the company
b. It increases the business risk of a company
c. it reduces the variability of the income to equity holders
d. it decreases the probability of financial distress
e. None of the above
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