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Which of the following is true in a Modigliani-Miller world with NO taxes? Choose all that apply. The weighted average cost of capital (WACC) is

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Which of the following is true in a Modigliani-Miller world with NO taxes? Choose all that apply. The weighted average cost of capital (WACC) is unaffected by capital structure The equity cost of capital increases with leverage Firm value is unaffected by leverage Firm value increases with leverage Compute the value of d1 in the Black Scholes option pricing model to price levered equity like a call option. The debt has a face value of 10 and matures in 3 years. The risk-free rate is 3%, the firm's stock return volatility is 68%, and the total return volatility is 55%. The market value of the firm is 22. Round your final answer to the nearest hundreth, e.g. 16.43416.43, 16.42616.43

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