QUESTION 22 If a fim malntains a constant level of debt, what is the appropriate discount rate for the interest tax shield tie, fiTsi? A. WACC In Cost of snlevered equity Cost of kevered equily D. Cost of debt QUESTION 23 Imagine you are evaluating a project that generates cash flows for 20 years. To finance the project, you issue debt that wil be paid off in 5 years. Generaliy, what is the easiest method to value the investment? A. WACC 8. APY C. FIE