The weighted average cost of capital after all retained earnings are exhausted is (See Table 11.1.)
A. 13.6 percent.
B. 11.0 percent.
C. 11.55 percent.
D. 10.4 percent.
Answer:C
The weighted average cost of capital after all retained earnings are exhausted is (See Table 11.1.)
A. 13.6 percent. B. 11.0 percent. C. 11.55 percent. D. 10.4 percent.