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If the cost of debt is less than the cost of equity, why doesn't the firm's cost of capital continue to decrease with the use
If the cost of debt is less than the cost of equity, why doesn't the firm's cost of capital continue to decrease with the use of more and more debt? Elaborate fully.
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Fundamentals of Multinational Finance
Authors: Michael H. Moffett, Arthur I. Stonehill, David K. Eiteman
5th edition
205989756, 978-0205989751
