The APV Method Is Comprised of the All Equity NPV

question 23

Multiple Choice

The APV method is comprised of the all equity NPV of a project and the NPV of financing effects. The four side effects are:

• A) tax subsidy of dividends, cost of issuing new securities, subsidy of financial distress and cost of debt financing.
• B) cost of issuing new securities, cost of financial distress, tax subsidy of debt and other subsidies to debt financing.
• C) cost of issuing new securities, cost of financial distress, tax subsidy of dividends and cost of debt financing.
• D) subsidy of financial distress, tax subsidy of debt, cost of other debt financing and cost of issuing new securities.

---

Definitions:

William Lloyd Garrison

A prominent American abolitionist, journalist, and social reformer, known for his strong stance against slavery.

Black Abolitionists

African American individuals who played a significant role in the movement to end slavery in the United States, using various means of advocacy including literature, politics, and participation in the Underground Railroad.

White Abolitionists

Refers to individuals, particularly those who are white, who actively participated in the movement to abolish slavery in the United States and elsewhere.

Racist Sentiments

Prejudiced beliefs or discrimination directed against someone of a different race based on the belief that one's own race is superior.