QUESTION 3 Cost of debt O should reflect the current interest rate(s) O must not be net of taxes because after tax cash flows are being discounted can not depend of book value when market values are difficult to obtain does not contribute to WACC 10 po QUESTION 4 Common approach to estimating the cost of equity is Capital Asset Pricing Model (CAPM). True O False QUESTIONS Click Save and submit to save and submit Click Save All were to save all answers Save