Question: Financial leverage: Multiple Choice is a concept that does not apply to individuals. arises because most borrowed funds have a variable interest rate. arises because

Financial leverage:
Multiple Choice
is a concept that does not apply to individuals.
arises because most borrowed funds have a variable interest rate.
arises because most borrowed funds have a fixed interest rate.
usually has no bearing on the risk associated with a company.
 Financial leverage: Multiple Choice is a concept that does not apply

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