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please help with both 17. The after-tax cost of debt equals the corporate tax rate (T) multiplied by the average coupon rate on all outstanding

please help with both

17.

The after-tax cost of debt equals the corporate tax rate (T) multiplied by the average coupon rate on all outstanding debt.

True

False

18.

When considering two mutually exclusive projects, the firm should always use the Internal Rate of Return (IRR) as the primary accept/ reject criteria.

True

False

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