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D. Delete one of the v=spfl statements.
Answer: A

NEW QUESTION: 2
You are developing a class named Scorecard. The following code implements the Scorecard class. (Line
numbers are included for reference only.)

You create the following unit test method to test the Scorecard class implementation:

You need to ensure that the unit test will pass.
What should you do?

A. Option D
B. Option C
C. Option B
D. Option A
Answer: D

NEW QUESTION: 3
Which of the following statements is most correct?
A. All of these statements are true.
B. All of these statements are false.
C. As a firm's debt ratio approaches 100 percent, the after-tax cost of debt, k(d)(1 - T) (after-tax component cost of debt, where T is the firm's marginal tax rate), will be at its lowest level.
D. An increase in the corporate tax rate would lower the weighted average cost of capital for an average firm, other things held constant.
E. Depreciation-generated funds have a cost equal to the firm's lowest WACC (Weighted Average Cost of Capital), and hence they have no impact on the MCC (Marginal Cost of Capital) schedule.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Increasing the corporate tax rate would lower the after-tax component cost of debt, thereby lowering the WACC, with all other things held constant.

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