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When checking out the WACC of two companies in the same industry let's say the aviation industry (airlines ) assuming one of them has a

When checking out the WACC of two companies in the same industry let's say the aviation industry (airlines ) assuming one of them has a higher WACC, why is the WACC of one company higher than the other. Lets say airline B 4,9% and airline B 4,5%.WACC

can you explain with detailed reasoning why arliine A has higher WACC than airline B?

and what mainly makes WACC increase and decrease ?

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