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Which of the following is the most accurate statement? O Firms that pay a dividend will almost always have a lower cost of capital. If

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Which of the following is the most accurate statement? O Firms that pay a dividend will almost always have a lower cost of capital. If a company's tax rate increases, the after-taxcost of its debt will fall so long as the YTM on its bonds remains the same. When calculating the cost of preferred stock, a company needs to adjust for taxes, because preferred stock dividends are deductible by the paying corporation

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