Question
A higher debt ratio will always decrease the weighted average cost of capital (WACC) because more weight of firm capital is placed on relatively inexpensive
A higher debt ratio will always decrease the weighted average cost of capital (WACC) because more weight of firm capital is placed on relatively inexpensive debt financing.
True or False
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Foundations Of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
11th Canadian Edition
1259024970, 978-1259265921
