Question
We generally say that the cost of debt is cheaper than the cost of equity. Does it mean that a firm should increase its debt-to-equity
We generally say that the cost of debt is cheaper than the cost of equity. Does it mean that a firm should increase its debt-to-equity ratio to as high as possible such that its corporate cost of capital can be minimized?
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Financial Modeling
Authors: Simon Benninga, Tal Mofkadi
5th Edition
0262046423, 9780253337825
