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35...If the shape of the curve depicting a firm's WACC versus its debt ratio is more like a sharp V, as opposed to a shallow

35...If the shape of the curve depicting a firm's WACC versus its debt ratio is more like a sharp "V", as opposed to a shallow "U", it will be easier for the firm to maintain a steady dividend in the face of varying investment opportunities or earnings from year to year. a. True b. False

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