$11.$ What impact will a decrease in the U$.$S$.$ corporate income tax rate have on the cost of long$-$term debt capital for all U$.$S$.$ corporations, assuming all other variables are unchanged?a cost of long$-$term debt capital will decreaseb cost of long$-$term debt capital will increasecost of long$-$term debt capital will not changed insufficient information to answer$12.$Assume a corporation's global Beta is $1\mathrm{.}25,$ and its domestic Beta is $1\mathrm{.}3.$ Assume the corporation uses the Capital Asset Pricing Model to estimate the cost of common equity capital.global cost of common equity will be higher than domestic cost of common equityabcdglobal risk$-$free rate will be lower than the domestic risk$-$free rateglobal market rate will be higher than the domestic market rateglobal cost of common equity will be lower than the domestic cost of common equity$13.$ Which exchange rate risk could a domestic corporation potentially be exposed to$?$a$.$ Transaction exposureb. Translation exposureC. Operating exposured d$.$ Reinvestment exposure$14.$ Assume a U$.$S$.$ MNC analyzes all foreign affiliate capital budgeting projects from the parent perspective. Which statement is correct?a$.$ Only project cash flows remitted to the U$.$S$.$ parent should be considered.b$.$ Project cash flows should be converted to U$.$S$.$ dollars in the analysis.C$.$ The parent's domestic cost of capital should be used in the analysis.d$.$ Costs only incurred with a foreign project, such as political risk insurance premiums, should not be included in the analysis$\mathrm{.}15.$ Which of the following is an advantage of the use of centralized intracompany cash management and netting?a$.$ The MNC will reduce its overall income tax liabilities.b$.$ The MNC will avoid tariffs imposed by foreign governments.C$.$ The MNC will reduce its transactions costs for cash outflows across borders among the affiliates and U$.$S$.$ parent.d$.$ The MNC will reduce its interest rate risk exposure