Which of the following statements is FALSE? Select one: O a. We need to know the debt level to compute the APV, but with a constant debt-equity ratio we need to know the project's value to compute the debt level. o b. Implementing the APV approach with a constant debt-equity ratio requires solving for the project's debt and value simultaneously. O c. The APV approach explicitly values the market imperfections and therefore allows managers to measure their contribution to value. O d. The WACC method is more complicated than the APV method because we must compute two separate valuations: the unlevered project and the interest tax shield