A companys cost of equity is often used as a proxy for investors: A. Average required rate
Question:
A company’s cost of equity is often used as a proxy for investors’:
A. Average required rate of return.
B. Minimum required rate of return.
C. Maximum required rate of return.
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B is correct Companies try to ...View the full answer
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Related Book For 
Investments Principles Of Portfolio And Equity Analysis
ISBN: 9780470915806
1st Edition
Authors: Michael McMillan, Jerald E. Pinto, Wendy L. Pirie, Gerhard Van De Venter, Lawrence E. Kochard
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