Which statement below is incorrect? Select one: A. Compared to interview, survey is more suitable to ask standardised questions. B. If a firm has more intangible assets, according to the trade-off theory, it is more likely to have a higher leverage. C. If a firm is more profitable, according to the pecking order theory, it should use less debt for financing. D. The CAPM model implies that a stock with a higher beta has a higher return on average.

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Which statement below is incorrect?
Select one:
A. Compared to interview, survey is more suitable to ask standardised questions.
B. If a firm has more intangible assets, according to the trade-off theory, it is more likely to have a higher leverage.
C. If a firm is more profitable, according to the pecking order theory, it should use less debt for financing.
D. The CAPM model implies that a stock with a higher beta has a higher return on average.
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