Firms having the same business risk must also have the same beta (e.g. systematic risk).TrueFalse

In a world with no taxes, the firm's cost of equityis constant across all D/E ratios less than 1.0.TrueFalse

A firm should use its WACC to evaluate all capital projects regardless of their nature and how they are financed.TrueFalse

The greater a stock's total risk as measured by its standard deviation, the higher its expected return.TrueFalse