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4. (5 points) True or False. The WACC formula multiplies only the cost of debt times (1-T) and not the other sources of capital because

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4. (5 points) True or False. The WACC formula multiplies only the cost of debt times (1-T) and not the other sources of capital because the interest expense e is tax deductible at the corporate level, whereas the returns to stockholders are all in after-corporate tax dollars

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