Using Modigliani Miller, which of the following statements about the capital structure of the firm is CORRECT:

	a.	For a firm, the equity cost of capital will fall if the debt to value ratio rises
	b.	The return on unlevered equity (Ru) is unaffected by the firm's debt to value ratio
	c.	Assuming no taxes, If the firm conducts an asset recapitalization by issuing debt and repurchasing the equivalent amount in stocks then the value of the firm V will remain unchanged
	d.	If all taxes faced by a firm are equal to zero, then the weighted average cost of capital is higher than the unlevered cost of capital