Question
As the firm adds debt, the most likely outcome is that: A. The cost-of-capital does not rise or fall. B. The cost-of-equity declines. C. The
As the firm adds debt, the most likely outcome is that:
| A. | The cost-of-capital does not rise or fall. | |
| B. | The cost-of-equity declines. | |
| C. | The cost-of-debt rises. | |
| D. | The cost-of-debt declines. |
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The Tools And Techniques Of Investment Planning
Authors: Stephan R. Leimberg , Thomas Robinson , Robert R. Johnson
3rd Edition
193982916X,1939829178
