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For a typical firm, which of the following sequences is CORRECT? All rates are after taxes, and assume that the firm operates at its target

For a typical firm, which of the following sequences is CORRECT? All rates are after taxes, and assume that the firm operates at its target capital structure. (kd = cost of debt; ks = cost of retained earnings; ke = cost of new common stock) A) All three sequences are correct. B) ke > ks > kd C) Two sequences are correct. D) ke > WACC > kd E) ke > WACC > ks

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