2. Varying Debt Proportions. As debt in a firm's capi- tal structure is increased from no debt...
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2. Varying Debt Proportions. As debt in a firm's capi- tal structure is increased from no debt to a signifi- cant proportion of debt (say, 60%), what tends to happen to the cost of debt, to the cost of equity, and to the overall weighted average cost of capital?
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Related Book For 
Fundamentals Of Multinational Finance
ISBN: 9780321541642
3rd Edition
Authors: Michael H. Moffett, Arthur I. Stonehill, David K. Eiteman
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