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Assume a firm has a debt-equity ratio of 48. The firm's cost of equity is: 5 Multiple Choice 10 points 8 02:14:58 generally less than

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Assume a firm has a debt-equity ratio of 48. The firm's cost of equity is: 5 Multiple Choice 10 points 8 02:14:58 generally less than the firm's aftertax cost of debt. generally less than its WACC. unaffected by changes in the market risk premium. O inversely related to changes in the level of inflation. directly related to the risk level of the firm

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