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13. A firm's weighted average cost of capital: a. decreases when the firm's tax rate decreases. b. is another term for the firm's return on

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13. A firm's weighted average cost of capital: a. decreases when the firm's tax rate decreases. b. is another term for the firm's return on equity. c. varies inversely with the firm's pre-tax cost of debt. d. is the required return on the existing assets of the firm, weighted by value. e. is the required return for each of a firm's proposed projects

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