True or false O 11. If the last dividend paid - $5, the dividend growth rate - 6% and the current stock price - $100, the cost of equity > 11%. 12. Both bank loans and bond sales are examples of debt capital. O O O Q 13. Yield-to-maturity and Rs are not synonymous. 14. It is fair to think of preferred stock as a perpetuity. 0 o O 15. The after-tax cost of debt > Rd 0 16. Retained earnings is included in the weight of equity. O 17. When solving for the weights for privately held firms, book values are more commonly used 18. Other things equal, the greater the WACC, the lower the NPV will be O O 0 19. If 1000 shares of stock sell for $20 per share and 50 bonds sell for $800 each, their combined market value