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Monica is the CFO of Cooking for Friends ( CFF ) and uses the pecking order hypothesis philosophy when she raises capital for company projects.
Monica is the CFO of Cooking for FriendsCFF and uses the pecking order hypothesis philosophy when she raises capital for company projects. Currently, she can borrow up to $ from her bank at a rate of float a bond for $ at a rate of or issue additional stock for $ at a cost of What is the WACC for CFF if Monica chooses to invest
a$ in new projects?
b$ in new projects?
c$ in new projects?
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