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Cook Inc. is a $2 billion firm with equal amounts of debt and equity. If it decides to issue another $.5 billion in debt, its
Cook Inc. is a $2 billion firm with equal amounts of debt and equity. If it decides to issue another $.5 billion in debt, its cost of equity will rise.
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Public Finance
Authors: Harvey S. Rosen
3rd Edition
0256083762, 978-0256083767
