Multiple Choice
According to McDonald, leverage is:
A) Diversifying by putting money in many different investments
B) Borrowing money and then risking it without a way to cover the potential loss
C) Considering how the investment will look in three to five years
D) Charging investors very high fees
E) Keeping enough capital on hand to cover any losses sustained
Correct Answer:
Verified
Correct Answer:
Verified
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