Absent tax effects, why can 't we change the cost of capital of the firm by using more debt financing and less equity financing ...

When you shift financing from equity financing to debt fi ...

Absent tax effects, why can't we change the cost of capital of the firm by using more

Question:

Absent tax effects, why can't we change the of the firm by using more debt financing and less equity financing?
Cost Of Capital
Cost of capital refers to the opportunity cost of making a specific investment . Cost of capital (COC) is the rate of return that a firm must earn on its project investments to maintain its market value and attract funds. COC is the required rate of...