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Under which of the following conditions could the overuse of

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Under which of the following conditions could the overuse of financial leverage be detrimental to the firm?
Stable industry
Cyclical demand for the firm's products.
Upswing of business cycle.
Low interest cost compared to return on assets
Submitted: 6 years ago.
Category: Homework
Expert:  SteveS replied 6 years ago.

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