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Question 8 0.5 pts Under case III. with taxes and with bankruptcy costs As the leverage of a given firm increases, WACC Select Question 9 0.5 pts Under case II. with taxes but no bankruptcy costs; As the leverage of a given firm increases, firm value [Select ] 1:31 LTE Take Quiz Exit Under case III. with taxes and with bankruptcy costs As the leverage of a given firm increases, WACC | Select) o [Select] decreases first and then increases U Que ts increases decreases Underc costs: As the firm val increases first and then decreases does not change Question 10 0.5 pts Under case II. with taxes but no bankruptcy carte