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For most firms, the cost of capital decreases to a low point as the firm ________ debt financing. At some point beyond this optimal level,
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For most firms, the cost of capital decreases to a low point as the firm ________ debt financing. At some point beyond this optimal level, the cost of capital increases as the amount of debt ________.
A.
decreases; decreases
B.
increases; decreases
C.
decreases; increases
D.
increases; increases
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