Question
The weighted average cost (WACC) of the last dollar of new capital that the firm raises, and the marginal cost rises as more and more
The weighted average cost (WACC) of the last dollar of new capital that the firm raises, and the marginal cost rises as more and more capital is raised during a given period.
| A. | marginal cost of capital MCC | |
| B. | weighted average cost of capital WACC | |
| C. | average cost of capital | |
| D. | cost of preferred stock |
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Corporate Financial Management
Authors: Glen Arnold, James Pickford
2nd Edition
0582821762, 978-0582821767
