Can you answer these? T or F

True False 0 0 1. Flotation costs serve to decrease the cost of preferred stock. 0 2. For a firm with debt, V > E. 3. The cost of retained earnings is not affected by flotation costs. 4. It is not fair to assume that preferred stock's par value will be repaid. 5. According to the subjective method, the company's current beta value should only be used for projects with average risk