=+b The directors are considering the partial replacement of equity finance with bor- rowings so that the
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=+b The directors are considering the partial replacement of equity finance with bor-
rowings so that the borrowings make up 60 per cent of the total capital. Director A believes that the cost of equity capital will remain constant at 15 per cent;
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Corporate Financial Management And How To Write Essays And Assignments
ISBN: 978-1405882897
Coursepack Edition
Authors: Glen Arnold
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