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| As a result of Industrial expanding its operations into Europe and Asia, Bentley anticipates an increase in foreign investors in the firm. Which of the following statements regarding international differences in leverage is least accurate? A. Companies in Japan and France tend to have more debt in their capital structure than firms in the U.S. B. Companies operating in countries that have active institutional investors tend to have less financial leverage than firms in countries with less of an institutional presence. C. Companies in the U.S. tend to use shorter maturity debt than companies in Japan. |