Question 13 Which of the following statements about debt finance is false? O A. The refinancing decision should consider both the current and expected level of interest rates O B. Equal annual repayments on a bank loan include both interest and principal (capital) O c. Interest payments on bonds will fall when bond prices increase OD. The redemption value of zero-coupon bonds is much greater than the amount initially borrowed O E. Debentures and loan stock are examples of bonds O F. The cost of debt is less than the cost of equity