It shows that WACC values for 2 year company is closer toMM(perpetuity) limit than to Myers (1 year) one at small equity cost (just above the debt cost) while at bigger equity cost, it is closer to Myers limit than to MM one.
It shows that WACCvalues for 2 year company is closer toMM(perpetuity) limit than to Myers(1 year) one at small equity cost (just above the debt cost) while at biggerequity cost, it is closer to Myers limit than to MM one.