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High gearing reduces the WACC, but It's not at all constantly the case. Often the financial debt funding is large adequate that case the rise in the cost of fairness nullify the personal debt funding impact on WACC or at times it raises the WACC in case of larger credit card debt funding.

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The case that's the matter in the inquiry might be an instance of a class of phenomena that gives an analytical frame — an object — within which the study is done and which the case illuminates and explicates. References -

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