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For a company whose capital structure is made of half debt and half equity with a cost of debt 6% and a cost of equity

For a company whose capital structure is made of half debt and half equity with a cost of debt 6% and a cost of equity is 10%

Describe how the change in its capital can reduce the company's cost of capital (WACC) and increase the firm's value.

(Debt is cheaper) Ultimately the pecking theory and its steps should be used in your argument.

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