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Which of the following statements about a firm's cost of debt is NOT correct? A firm's cost of debt (before tax) should be: Select one:

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Which of the following statements about a firm's cost of debt is NOT correct? A firm's cost of debt (before tax) should be: Select one: O a. More than the risk free rate. b. Less than the cost of equity. c. Less than the WACC before tax. d. More than the debts' coupon rate. e. Equal to the debts' expected yield to maturity

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