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As you know, interest rates are very low these days. Furthermore, for our firm, the cost of debt is much lower than the cost of

As you know, interest rates are very low these days. Furthermore, for our firm, the cost of debt is much lower than the cost of equity at the moment. Does this mean that if our firm increases financial leverage (measured by debt-equity ratio) via capital restructuring, our profitability (measured by Return on Equity) will increase, and therefore our firm value will go up?

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