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Suppose that instead of decreasing its target leverage to 1/4, Shell increases it from 1/3 to 1/2. Fill in the blanks in the following sentence.
Suppose that instead of decreasing its target leverage to 1/4, Shell increases it from 1/3 to 1/2. Fill in the blanks in the following sentence. Shell's expected return on assets would. after the change, while its after-tax WACC would increase, increase increase, decrease decrease, increase decrease, decrease stay the same, increase stay the same, decrease
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