Question 17 (Mandatory) (1 point) Which of the following statements about the cost of capital isare) correct? L. If a company's tax rate increases, then, all else equal, its weighted average cost of capital will increase II. A company's target capital structure (debt, common stock and preferred stock) affects its weighted average cost of capital (WACC). III. Higher dividend payment can decrease the weighted average cost of capital. A) All of them B) II and I OC) OD) E) I and it Previous Page Next Page Page 17 of 19