The firm’s cost of retained earnings is (See Table 11.1.)
A. 10.2 percent.
B. 13.9 percent.
C. 12.4 percent.
D. 13.6 percent.
Answer:C
The firm’s cost of retained earnings is (See Table 11.1.)
A. 10.2 percent. B. 13.9 percent. C. 12.4 percent. D. 13.6 percent.