21. Leverage and Capital Costs. If an increase in the debt-equity ratio makes both debt and equity...
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21. Leverage and Capital Costs. If an increase in the debt-equity ratio makes both debt and equity more risky, how can the cost of capital remain unchanged? (LO1)
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Fundamentals Of Corporate Finance
ISBN: 9780073382302
6th Edition
Authors: Richard A Brealey, Stewart C Myers, Alan J Marcus
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