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10. Which of the followings actions is most likely to increase shareholder wealth? (A) The average cost of capital is increased by a recent financing

10. Which of the followings actions is most likely to increase shareholder wealth?

(A) The average cost of capital is increased by a recent financing decision

(B) The firms cash operating cycle becomes longer

(C) The board of directors decides to invest in a project with a quick payback period

(D) The annual report declares full compliance with the corporate governance code

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