Question: All else being equal, when the level of debt increases, ______________________________________________________. The cost of debt increases, the cost of equity increases and WACC decreases The

All else being equal, when the level of debt increases, ______________________________________________________.

The cost of debt increases, the cost of equity increases and WACC decreases

The cost of debt increases, the cost of equity decreases and WACC decreases

The cost of debt increases, the cost of equity increases and WACC increases

The cost of debt increases, the cost of equity decreases and WACC increases

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