Answer Happy

An agency cost that occurs even when there is adequate
monitoring and bonding present is most likely:
Group of answer choices
residual loss.
environmental regulation costs.
government corruption costs.
According to the pecking order theory, the most
likely first source of financing that a company's
management opts to access is:
Group of answer choices
common stock issuance.
retained earnings.
debt issuance.
A country is raising its corporate tax rates. At the point in
time when the tax rate is increased, the weighted average cost of
capital (WACC) for a levered company operating in that country
will most likely:
Group of answer choices
rise.
not change.
fall.
In accordance with Modigliani and Miller Proposition II and
assuming no taxes, it is most likely that the
cost of:
Group of answer choices
total capital declines with higher leverage.
debt rises with higher leverage.
equity rises with higher leverage.