If return on Investment is high, increased use of debt, is likely to ______________ capital of the firm provided that the cost of equity remains unaffected.
(
This question was previously asked in
Shift 30/05/2023 8:30 AM - 10:30 AM
A
Reduce
B
Increase
C
Double
D
Maximise
Correct Answer
Reduce
Detailed Explanation
NOTE* AS PER NTA THE ANSWER TO THIS QUESTION IS (1).
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