The firm’s cost of retained earnings is (See Table 11.2.)
A. 10.2 percent.
B. 14.3 percent.
C. 16.7 percent.
D. 17.0 percent.
Answer:C
The firm’s cost of retained earnings is (See Table 11.2.)
A. 10.2 percent. B. 14.3 percent. C. 16.7 percent. D. 17.0 percent.