The APV Method Is Comprised of the All Equity NPV

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 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.
E) None of the above.