As the volume of financing increases, the costs of the various types of financing will _________, _________ the firm’s weighted average cost of capital.
A. increase, lowering
B. increase, raising
C. decrease, lowering
D. decrease, raising
Answer:B
As the volume of financing increases, the costs of the various types of financing will _________, _________ the firm’s weighted average cost of capital.
A. increase, lowering B. increase, raising C. decrease, lowering D. decrease, raising