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You would expect the highest optimal leverage ratio for a firm with: O High taxes, intangible assets, volatile operating income, high EBIT O High taxes,

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You would expect the highest optimal leverage ratio for a firm with: O High taxes, intangible assets, volatile operating income, high EBIT O High taxes, intangible assets, steady operating, income, low EBIT O Low taxes, tangible assets, steady operating income, high EBIT O High taxes, tangible assets, steady operating income, high EBIT

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