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18- Which of the following is generally true about a firm's cost of debt? A) It is greater than the yield to maturity on the

18- Which of the following is generally true about a firm's cost of debt?

A) It is greater than the yield to maturity on the firm's outstanding bonds.

B) It is greater than the cost of equity.

C) It is equal to the coupon rate on the firm's outstanding bonds.

D) It must be adjusted higher due to the firm's tax deductibility of interest expense.

E) None of the above

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