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Business, 27.08.2019 23:20 danidavis2002

Which of the following statements is false? a. as long as the firm's choice of securities does not change the cash flows generated by its assets, the capital structure decision will not change the total value of the firm or the amount of capital itcan raise. b. if securities are fairly priced, then buying or selling securities has an npv of zero and, therefore, should not change the value of a firm. c. the future repayments that the firm must make on its debt are equal in value to the amount of theloan it receives up front if the debt is correctly priced. d. in perfect markets, wacc decreases with leverage because the firm can take on cheaper debt

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