21) The Payback method will never result in declining a project that is viable and acceptable when using the Discounted Payback Method. 22). A proxy is a legal document which may give one party the authority to act for another party, including the power to vote shares of common stock. 23) _If WACC rises the time calculated under the Payback Method will rise. 24)__ If the WACC decreases the IRR will increase. 25) _Class A and B shares of common stock are usually differentiated by voting rights attributable to ownership of the shares