10. Which of the following describes the effect of debt on Rs? a Higher debt levels means a higher Rs b Higher debt levels means a lower Rs c Higher debt levels have no effect on Rs d All of the above e None of the above Answer 11. Which of the following describes the effect of equity on Rs? a Higher equity levels means a higher Rs b Higher equity levels means a lower Rs c Higher equity levels have no effect on Rs d All of the above e None of the above