Question

a highly leveraged firm is _ risky than its peers​

Answer 1

Explanation:

This combines operating leverage and financial leverage. A highly leveraged firm is __________ risky than its peers. Explanation: Leverage is equivalent to risk, because it implies a higher level of fixed costs.

Answer 2

Introduction:

When a company, property, or investment is referred to be "highly leveraged," it signifies that it has more debt than equity.

Explanation:

Both investors and businesses employ the notion of leverage. Leverage is used by investors to greatly improve the profits on an investment. Highly leveraged transactions are carried out in order to recapitalize, buy out, or even acquire another firm

Therefore, the blank is to be filled by "more".