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Business, 14.12.2019 06:31 harleyy6134

Based on m& m proposition 2 with taxes, the weighted average cost of capital:

a. is equal to the aftertax cost of debt.
b. has a linear relationship with the cost of equity capital.
c. is unaffected by the tax rate.
d. decreases as the debt-equity ratio increases.

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Based on m& m proposition 2 with taxes, the weighted average cost of capital:

a. is...
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