The cost of this new issue of common stock is
A. 5.8 percent.
B. 7.7 percent.
C. 10.8 percent.
D. 12.8 percent.
Answer:D
The cost of this new issue of common stock is
A. 5.8 percent. B. 7.7 percent. C. 10.8 percent. D. 12.8 percent.