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    Managerial Finance Study Set 2
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    Exam 12: Leverage and Capital Structure
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    Financial Risk Refers to Fluctuations in a Firm's Cash Flows
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Financial Risk Refers to Fluctuations in a Firm's Cash Flows

Question 122

Question 122

True/False

Financial risk refers to fluctuations in a firm's cash flows that occur because the firm uses financing sources like debt and preferred stock.

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