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Marie LeBlanc is considering adding drilling rigs to her fleet of workover rigs. The drilling rigs are significantly more expensive and will require Ms. LeBlanc
Marie LeBlanc is considering adding drilling rigs to her fleet of workover rigs. The drilling rigs are significantly more expensive and will require Ms. LeBlanc to consider raising additional capital. She has decided on a mix of debt and equity to raise the necessary capital. As her CFO, how would you explain to her what the weighted average cost of capital is and how it is calculated?
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