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Because risk premiums increase with increases in financial leverage, maximizing EPS does not assure ...

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Because risk premiums increase with increases in financial leverage, maximizing EPS does not assure ...

Because risk premiums increase with increases in financial leverage, maximizing EPS does not assure owners' wealth maximization.

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Principles of Managerial Finance

Principles of Managerial Finance

Edition: 14^th

Authors: Gitman, Zutter

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