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As a company raises more and more funds, the cost of those funds begins to rise. As this occurs, the weighted average cost rises. This
As a company raises more and more funds, the cost of those funds begins to rise. As this occurs, the weighted average cost rises. This is called the marginal cost of capital. A graph that shows how the WACC changes as more new capital is raised by the MCC (marginal cost of capital) schedule. Use the MCC schedule to complete the sentences that follow. If this company raises $20M, the WACC is The breakpoints in the MCC schedule are at
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