Question: Match the items in the first column with those in the second column. Cost of selling securities [Choose ] The overall cost of capital Lower

Match the items in the first column with those in the second column. Cost of selling securities [Choose ] The overall cost of capital Lower than the cost of new equity Flotation Cost A point on the marginal cost of capital schedule Higher than the cost of retained earnings WACC Break Point [Choose ] Cost of retained earnings [Choose] Cost of new equity [Choose ]
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