In theory, yes. Lots of funds don't like owning bonds on the bottom rung of Investment Grade, as it's against their mandate if they ever get downgraded a notch. So AMP has a wider borrowing pool.
There's lots of little influences on the WACC though, not least the direction and speed of interest rate movements, which is probably more important at the moment.
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In theory, yes. Lots of funds don't like owning bonds on the...
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Last
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Change
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