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10. The after-tax cost of debt generally increases when: (2 points) I. A firm's bond rating increases 11. The market rate of interest increases II
10. The after-tax cost of debt generally increases when: (2 points) I. A firm's bond rating increases 11. The market rate of interest increases II Tax rates decrease IV. Bond prices rise A. I and III only B. II and III only C. I, II, and III only D. II, III, and IV only E. I, II, III, and IV
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