32. Answer the following true/false statements:

1. T/F The highest EPS numbers will always produce the lowest WACC figure to maximize stock price
2. T/F The goal of a firm is to maximize the value of its stock and that occurs at the point where the WACC is the highest
3. T/F Capital structure refers to the % of equity and the % of debt affirm has with the goal of minimizing that cost or finding the lowest WACC.
4. T/F Essentially, the whole idea of valuing stocks and bonds and deciding whether or not to accept or reject capital investments (machines, a truck fleet, etc.) is to compute the present value of the cash flows.