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Which of the Following Is True of Debt

Question 12

Multiple Choice

Which of the following is true of debt?


A) Variation in expected EPS increases as the level of debt increases.
B) Variation in expected EPS increases as the level of debt decreases.
C) Variation in expected EPS is not affected as the level of debt increases.
D) Variation in expected EPS decreases as the level of debt increases.

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