Question: When will leverage (borrowing) improve the return on equity to a property? Select one: a. When the propertys rate of return exceeds the interest rate
When will leverage (borrowing) improve the return on equity to a property?
Select one:
a. When the propertys rate of return exceeds the interest rate
b. When capital gains are low and income returns are high
c. Where increased capital taxes are proposed for use of capital
d. When the investor's return is below the cost of borrowing
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