Assuming zero taxes, the effect of increasing leverage the capital structure of a firm is to:
Assuming zero taxes, the effect of increasing leverage the capital structure of a firm is to:
a. either increase, decrease or leave constant the value of the business depending upon other factors
b.increase the value of the business as debt is cheaper than equity
c.decrease the value of the business as debt is risker than equity
d.maintain the value of the business unaltered
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Assuming zero taxes, the effect of increasing leverage the capital structure of a firm is to:
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