Issuing new stock ________. a. Costs the same as retaining earnings b. Will not impact a companys
Question:
Issuing new stock ________.
a. Costs the same as retaining earnings
b. Will not impact a company’s WACC
c. Is the most expensive source of capital because of flotation costs
d. Is the cheapest source of capital because dividends do not have to be paid each year
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The correct answer is c Is the most expensive source of ...View the full answer
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