QUESTION 16 A borrower who expects to need to negotiate or modify a loan during its term is well suited to borrow from a lender who will securitize the loan in a CMBS deal True False QUESTION 17 A company with a Leverage ratio of 2.5 and an expected return of 10% is riskier than a company with a leverage ratio of 3 and an expected return of 13% True False QUESTION 18 Using multiplication, addition, subtraction and division, calculate the WACC using the following: Equity = 60% Debt = 40% Coupon on Debt = 5% Required Return on Equity= 10% WACC=? express your answer as a percentage 8