Question content area top

Part $1$

At the optimal

debtminus$$tominus$$equity

$$ratio$,$ the cost of capital$($WACC$)$ is$\_\_\_\_\_\_\_\_$ for the firm. This point reflects the maximum benefit of leverage.

Question content area bottom

Part $1$

A$.$

irrelevant

B$.$

at the midpoint

C$.$

the highest

D$.$

the lowest