Assume the risk-free rate of 3% and the expected return on the market is 6%. What is the expected return of a security with a Beta of 1.6? (Canvas won't accept in % form, so enter your answer in the decimal form, up to 4 decimals) Firm A and B are both bidding on acquiring firm C. Firm A has a lower WACC than firm B. Therefore, there's more value to be created if A buys C The right cost of capital has nothing to do with WACC of A or B there's more value to be created if B buys C The decision to time the issuance of equities or debt to market conditions is known as market timing Leveraged Buy Out (LBO) squeezing out alpha short selling share buybacks tax shielding O playing the market