The cost of equity issuance and retained earnings are the same if

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter13: Investments And Long-term Receivables
Section: Chapter Questions
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The cost of equity issuance and
retained earnings are the same if
○ There is a floatation cost
There is no flotation cost
Both A and B
☐ None of the above.
Transcribed Image Text:The cost of equity issuance and retained earnings are the same if ○ There is a floatation cost There is no flotation cost Both A and B ☐ None of the above.
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