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Which statement is false? A. NOPAT includes subtracting COGS, SG&A, and depreciation expense from revenues, B. The price of a share of preferred stock is

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Which statement is false? A. NOPAT includes subtracting COGS, SG&A, and depreciation expense from revenues, B. The price of a share of preferred stock is calculated using the formula for the present value of a perpetuity, C. The effective yield is greater than or equal to the annual interest rate (APR). D. Barter and crypto monies both have high intrinsic (consumable) value

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