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Attempt 2/5 for 7 pts. Part 1 Which statements are true? Check all that apply: A company that issues debt to repurchase shares increases its
Attempt 2/5 for 7 pts. Part 1 Which statements are true? Check all that apply: A company that issues debt to repurchase shares increases its equity cost of capital. The equity cost of capital is typically higher than the asset cost of capital. A levered equity holder can expect the same cash flows as a bond holder. Firms should only fund a project whose expected rate of return exceeds the rate of return for its benchmark. Submit
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