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Large gearing decreases the WACC, but it is not usually the case. Sometimes the personal debt financing is higher ample that case the increase in the cost of equity nullify the financial debt financing impact on WACC or often it improves the WACC in case of better financial debt https://stephenkjvfz.azzablog.com/30565262/the-single-best-strategy-to-use-for-mba-case-study-help

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