In measuring the cost of capital, management often measures the cost of the individual equities. A firm

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In measuring the cost of capital, management often measures the cost of the individual equities. A firm has no contractual obligation to pay anything to common shareholders. How can the capital they provide be said to have a cost other than zero?

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Managerial Accounting An Introduction to Concepts Methods and Uses

ISBN: 978-0324639766

10th Edition

Authors: Michael W. Maher, Clyde P. Stickney, Roman L. Weil

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Question Posted: Jun 04, 2012 12:30 AM

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In measuring the cost of capital, management often measures the cost of the individual equities. A firm

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Managerial Accounting An Introduction to Concepts Methods and Uses

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