According to MM Proposition II with no taxes, the: Group of answer choices cost of debt must equal the cost of equity. cost of equity in inversely related to the firm's debt-equity ratio. required return on equity is a linear function of the firm's debt-equity ratio. required return on assets exceeds the weighted average cost of capital. return on assets is determined by financial risk.

Juanita and sam attend a beach party and notice that the local beach appears to have a great deal more trash washed up on shore than it did when they were young. the water doesn't appear nearly as clear, and there seems to be less evidence of small water creatures living in the shallows. an afternoon at the local library convinces them that one major cause is the new factory nearby. after some discussion, they decide their next step should be identifying the cause of the changes identifying the problem picketing the guilty factory lobbying their elected representatives to complain about the problem talking to a local environmental group about solutions