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Macroeconomics 13th Edition by William Baumol ,Alan Blinder
Edition 13ISBN: 978-1305280601Macroeconomics 13th Edition by William Baumol ,Alan Blinder
Edition 13ISBN: 978-1305280601 Exercise 5
Create your own numerical example to illustrate how leverage magnifies returns both on the upside and on the downside.
Explanation
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Return from leverage is much wider
Leve...
Macroeconomics 13th Edition by William Baumol ,Alan Blinder
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