Question: A firm needs to raise external capital for future operations and decides to issue 2 million shares of common stock. Holding all else constant, what

A firm needs to raise external capital for future operations and

A firm needs to raise external capital for future operations and decides to issue 2 million shares of common stock. Holding all else constant, what will be the most direct effect of this change? The firm's ROE will decrease. The firm's DuPont equity multiplier will increase. The firm's total asset turnover will decrease. The firm's price-to-earnings ratio will increase

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