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A firm's weighted cost of capital ... can be lower than the firm's cost of debt. does not depend on the firm's tax rate. does

A firm's weighted cost of capital ...

can be lower than the firm's cost of debt.

does not depend on the firm's tax rate.

does not depend on the firm's debt-equity ratio.

can be higher than the firm's cost of debt AND cost of equity.

does not depend on the risk-free rate.

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