22. Consider the Free Cash Flow Equation, what happens to Free Cash Flow if the tax rate increases, holding all else constant? It decreases, increases, there is no change,

20. True/False

An investor can get rid of all systematic risk by diversifying their portfolio

19. True/False

Consider the WACC formula, if the required rate of return on preferred stock increases, holding all else equal, the WACC increases.

18. TRUE/FALSE

Sinking funds provisions allow companies to retire bonds on an orderly basis.