Some people have suggested that it is irrational for a firm to pay dividends and sell new

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Some people have suggested that it is irrational for a firm to pay dividends and sell new stock in the same year because the cost of newly issued equity is greater than the cost of retained earnings. Do you agree? Why or why not? P-698

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Contemporary Financial Management

ISBN: 9780538479165

12th Edition

Authors: R Charles Moyer

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