Suppose now that there is not enough internal cash flow and the firm must issue new shares of stock. Qualitatively speaking, what will happen to the WACC? I. rs and the WACC will not be affected by flotation costs of new equity. II. rs and the WACC will increase due to the flotation costs of new equity. III. rs and the WACC will decrease due to the flotation costs of new equity. IV. rs will increase and the WACC will decrease due to the flotation costs of new equity. V. rs will decrease and the WACC will increase due to the flotation costs of new equity. Check My WorkReset Problem

An interesting advertisement on tv is the best answer

The business cycle is the periodic but irregular up-and-down movement in economic activity, measured by fluctuations in real gross domestic product (gdp) and other macroeconomic variables. a business cycle is typically characterized by four phases—recession, recovery, growth, and decline—that repeat themselves over time. economists note, however, that complete business cycles vary in length. the duration of business cycles can be anywhere from about two to twelve years, with most cycles averaging six years in length. some business analysts use the business cycle model and terminology to study and explain fluctuations in business inventory and other individual elements of corporate operations. but the term "business cycle" is still primarily associated with larger (industry-wide, regional, national, or even international) business trends.

It would be contaminated with germs