Question: Will leave thumbs up Other things held equal, if ABC Corp. increased its debt outstanding by $300 million (to add $300 million of additional assets)

Will leave thumbs up
Will leave thumbs up Other things held equal, if ABC Corp. increased

Other things held equal, if ABC Corp. increased its debt outstanding by $300 million (to add $300 million of additional assets) while leaving its equity level unchanged, then the expected result would likely ___ABC's equity multiplier. 1) LOWER 2) RAISE 3) NOT AFFECT

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