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Why is the computation of the MCC (Marginal Cost of Capital) schedule so important?

Why is the computation of the MCC (Marginal Cost of Capital) schedule so important? 

Using the following information, compute the MCC schedule. 

Kd to $20 million = 13%

Kd over $20 million = 15%

T=0.50

Ke = 16%

Ke' = 19%

NI = $18 million

D = 0.40                                 

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