Debt to successively higher levels of debt

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Prompt:

If a firm went from 0 percent debt to successively higher levels of debt, why would you expect its stock price to rise, then hit a peak, and begin to decline?

Reference no: EM132862491

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Debt to successively higher levels of debt : If a firm went from 0 percent debt to successively higher levels of debt, why would you expect its stock price to rise, then hit a peak, and begin to decline?
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