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Which of the following statements is CORRECT? If a company's tax rate increases but the YTM on its noncallable bonds remains the same, the after

Which of the following statements is CORRECT?
If a company's tax rate increases but the YTM on its noncallable bonds remains the same, the after-tax cost of its debt will fall.
All else equal, an increase in a company's stock price will increase its marginal cost of new common equity, re-
When calculating the cost of preferred stock, a company needs to adjust for taxes, because preferred stock dividends are deductible by the paying corporation.
All else equal, an incresse in a company's stock price will increase its marginal cost of retained carnings, rs
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