Which one of the following new issues of stock has the greatest probability of lowering its cost of equity capital?
A. Microsoft in the New York markets
B. Toyota on the Tokyo exchange
C. Apple stock on the London exchange
D. all of the above
Answer:C
Which one of the following new issues of stock has the greatest probability of lowering its cost of equity capital?
A. Microsoft in the New York markets B. Toyota on the Tokyo exchange C. Apple stock on the London exchange D. all of the above