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An Investor Can Undo the Effect of Leverage on His/her

Question 34

Multiple Choice

An investor can undo the effect of leverage on his/her own account by:
i.investing in the equity of a levered firm; II) borrowing on his/her own account; III) investing in risk-free debt like T-bills


A) I only
B) II only
C) III only
D) I and III above

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