问题
单项选择题
Break points in a firm’s marginal cost of capital schedule are best interpreted as representing the:（）
A. maximum amounts of debt, preferred stock, and common stock the firm can issue.
B. amounts of capital expenditure at which the company’s weighted average cost of capital increases.
C. amounts of new securities a firm would need to issue to take advantage of flotation cost discounts.
答案
参考答案：B
解析：
Break points in the marginal cost of capital structure occur at the levels where the cost of one of the components of the company’s capital structure increases, increasing its weighted average cost of capital.