Question: Answer question (a) did (D) again for 2010 assuming the company had borrowed an doditions debt at 8 percent interest at the start of the

Answer question (a) did (D) again for 2010 assuming the company

Answer question (a) did (D) again for 2010 assuming the company had borrowed an doditions debt at 8 percent interest at the start of the year and distributed the proceeds to shareholders as dividend. You may ignore the effect of added interest expense on Nova's balance sheet. Migh shareholders benefit from such an increase in financial leverage? Explain

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