As we have seen from the various components of WACC, there are some options that companies have with respect to the percentage of debt and equity they use to fund projects. Based on your research (and you might want to find some other research to support your discussion), what are your thoughts on the right balance of debt and equity? What thoughts does a company have to consider with respect to this decision? What are the trade-offs by having more or less debt (or equity)?

Initial Response should be 500 words