18 )M&M Proposition I, with taxes, states that the value of a levered (V_L) firm is equal to. _______

a)

V_U+ (T_C D)

b)

V_U? (T_C D)

c)

V_U (T_C D)

d) None of the above is correct

22) The ex-dividend date is defined as _____ business days before the date of_____

		a) two; payment.
		b) three; payment.
		c) two; record.
		d) three; record.