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Business, 21.08.2021 02:10 raymondanthony6567

A firm's overall cost of equity is: I. affected by changes in the market risk premium. II. inversely related to changes in the firm's tax rate. III. generally equal to the firm's WACC for a levered firm. IV. generally higher than the firm's aftertax cost of debt. V. dependent upon the growth rate and risk level of the firm.

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