MM Proposition II is the proposition that:$$

Question $8$Select one or more:

a$.$

the cost of levered equity depends solely on the return on debt, the debt$-$equity ratio, and the tax rate

b$.$

supports the argument that the size of the pie does not depend on how the pie is sliced

c$.$

a firm's cost of equity capital is a positive linear function of the firm's capital structure

d$.$

supports the argument that the capital structure of a firm is irrelevant to the value of the firm

e$.$

the cost of equity is equivalent to the required return on the total assets of a levered firm