Consider the same company as in Question $1$ above with the following income statement $($in millions$).$ Recall that the company issued $15$B of new debt, at a $6\%$ interest rate. The income statement below does not reflect the issuance.

Operating income

$5,221\mathrm{.}00$

Net interest expense $(850\mathrm{.}00)$

EBT $4,371\mathrm{.}00$

Income Tax Expense $917\mathrm{.}91$

Net Income $3,453\mathrm{.}09$

Which of the following statements is correct?

Group of answer choices

The NPV of the $15$B debt issuance is likely to be negative because it reduces the company$$s net income.

If the company issues $15$B of equity rather than debt, the company$$s net income will remain equal to $3,453\mathrm{.}09.$

If the company had issued $15$B of equity rather than debt, net income could have been lower if the company pays high dividends.

If interest is tax deductible, the NPV of the debt issuance will be positive.