What Does a Decrease in the Value of a Firm's

What does a decrease in the value of a firm's after-tax operating income by the costs associated with both its debt and its equity indicate?

A) Price earnings ratio of the firm
B) Expected capital gains yield of the firm
C) Intrinsic value of stock of the firm
D) Nonconstant growth of stock of the firm
E) Change in the firm's economic value

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