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Suppose investors become less risk averse when the vaccine for COVID-19 is widely available. Other things being equal, what is the most probably effect on

Suppose investors become less risk averse when the vaccine for COVID-19 is widely available. Other things being equal, what is the most probably effect on a typical companys WACC?

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WACC will increase.

No effect on WACC.

WACC will decrease.

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