The cost of equity is: Question 10Answer a. Inversely related...

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Accounting

The cost of equity is:
Question 10Answer
a.
Inversely related to changes in the firm's tax rate.
b.
Generally less than the firm's WACC.
c.
Generally less than the firm's after tax cost of debt.
d.
Unaffected by changes in the market risk premium.
e.
Highly dependent upon the risk level of the firm.

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