Q29. A MNEs marginal cost of capital is constant for considerable ranges in its capital budget, but this statement cannot be made for most domestic firms. a. true b. false Q30. The capital asset pricing model (CAPM) is an approach a. to determine the price of equity capital. b. can be applied only to domestic markets. c. used by marketers to determine the price of saleable product. d. None of the above. Q38. A recent study of carve-outs by McKinsey found that approximately ________ of carve outs raised the parent firm's share price by more than 12%. Furthermore, in the two-years following the carve-out, most carve-outs ________ shareholder value. a. 10%; increased b. 35%; decreased c. 35%; increased d. 10%; decreased