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    Practical Financial Management Study Set 1
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    Exam 14: Capital Structure and Leverage
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    In a Favorable Economic Climate, at Low to Moderate Levels
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In a Favorable Economic Climate, at Low to Moderate Levels

Question 120

Question 120

True/False

In a favorable economic climate, at low to moderate levels of debt, investors value the positive effects of leverage and almost ignore increases in risk.

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