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1) It is fair to think of preferred stock as a perpetuity. TRUE OR FALSE 2) The after-tax cost of debt > Rd. TRUE OR
1) It is fair to think of preferred stock as a perpetuity. TRUE OR FALSE
2) The after-tax cost of debt > Rd. TRUE OR FALSE
3) Retained earnings is included in the weight of equity. TRUE OR FALSE
4) When solving for the weights for privately held firms, book values are more commonly used. TRUE OR FALSE
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