A reduced cost of equity capital increases the firm's value
A. through revaluation of the firm's existing cash flows from existing projects.
B. through increased investment as more projects become positive NPVs.
C. both of the options
D. none of the options
Answer:C
A reduced cost of equity capital increases the firm's value
A. through revaluation of the firm's existing cash flows from existing projects. B. through increased investment as more projects become positive NPVs. C. both of the options D. none of the options