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You need to raise $200,000 to start a business. What sources would you consider and what are each of their costs? What is the marginal
You need to raise $200,000 to start a business.
- What sources would you consider and what are each of their costs? What is the marginal cost of capital for your 200,000th dollar?
- Optional: Calculate your WACC
- Optional: Explain why the Marginal Cost of Capital is (always?) higher than the WACC.
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