Which of the following statements is FALSE? Select one: O a. The opportunity cost of using a resource is the value it could have provided in its best alternative use. b. Investments in plant, property, and equipment are directly listed as expense when calculating earnings. O c.Since depreciation is not a cash flow, it can be ignored when calculating free cash flows. d. The marginal corporate tax rate is the tax rate the firm will pay on an incremental dollar of pre-tax income A risk-free, zero-coupon bond has 15 years to maturity. Which of the following is closest to the price per $100 of face value that the bond will trade at if the YTM is 7%? Select one: a $32.68 b. $36.24 c. $29.55 d. $38.78 Your estimate of the market risk premium is 7 %. The risk-free rate of return is 3.2 % and General Motors has a beta of 1.1. According to the Capital Asset Pricing Model (CAPM), what is its expected return? Select one a. 10.9% b. 11.4 % C 10.4 % d. 9.8 96