Which of the Following Statements Is Incorrect

question 84

Multiple Choice

Which of the following statements is incorrect?

• A) The cost of debt changes when market yields change.
• B) The cost of debt should only be adjusted when the firm sells new bonds.
• C) The cost of debt should always incorporate the net proceeds from bond sales.
• D) The cost of debt reflects the borrowing costs at current market interest rates.
• E) The cost of debt should include any broker's fees incurred when selling new bonds.

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Definitions:

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An influential American public relations professional who played a pivotal role in changing how corporations interacted with African American consumers.