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Which of the following statements is CORRECT? Select one: a. If tax rate decreases, then weighted average cost of capital declines. b. WACC is calculated
Which of the following statements is CORRECT?
Select one:
a. If tax rate decreases, then weighted average cost of capital declines.
b. WACC is calculated using before-tax costs for all components.
c. WACC is calculated as a firms marginal after-tax cost of capital
d. After-tax cost of debt usually exceeds after-tax cost of equity
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