D Question 8 If a firm issues debt, the following is TRUE: the interest payments paid on the debt are only tax deductible if the firm uses more than 50% debt. the interest payments paid on the debt are categorized as operating expenses the interest payments paid on the debt are tax deductible. O the dividend payments paid on the debt are tax deductible. Question 9 Which of the following cash flows is NOT included in the analysis of investment opportunities? cash flow from assets sunk cost O opportunity cost new working capital