Stare decisis is Latin for "let the decision stand."

Indicate whether the statement is true or false

True

Business

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The more fixed-charge securities (such as bonds and preferred stock) the firm employs in its

financial structure, the greater its financial leverage. Indicate whether the statement is true or false

Business

The after-tax cost of debt is equal to one minus the marginal tax rate times the yield to maturity on

the firm's outstanding debt. Indicate whether the statement is true or false

Business