Question: As the size of a financing issue increases, the _____ usually decreases on a percentage basis. a. cost of equity b. the flotation cost of
As the size of a financing issue increases, the _____ usually decreases on a percentage basis.
a. cost of equity
b. the flotation cost of the issue
c. effective tax rate
Step by Step Solution
3.47 Rating (160 Votes )
There are 3 Steps involved in it
Option B The floatation cost of the issue Explanation Floating cost is th... View full answer
Get step-by-step solutions from verified subject matter experts
