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Each of the following factors affects the weighted average cost of capital ( WACC ) equation. Which of the following factors are outside a firm's

Each of the following factors affects the weighted average cost of capital (WACC) equation. Which of the following factors are outside a firm's
control? Check all that apply.
The general level of stock prices
The effect of the tax rate on the cost of debt in the weighted average cost of capital equation
The firm's capital structure
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