Explain the marginal cost of capital schedule, Financial Management

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What is a marginal cost of capital schedule (MCC)?  Is the schedule all the time a horizontal line?  Explain.

The MCC schedule is a graphic depiction of the weighted average cost of capital at dissimilar levels of financing.The MCC schedule is not all the time a horizontal line.For several firms the MCC schedule increases, generally at discreet intervals, like the amount of funds to be raised increases. 


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