Significant gearing minimizes the WACC, but It's not always the case. Sometimes the debt financing is superior adequate that case the rise in the price of equity nullify the personal debt financing effect on WACC or occasionally it increases the WACC in case of greater debt financing. Our paper https://case-study-help11779.bloginwi.com/68288743/the-5-second-trick-for-case-study-analysis