A Spanish MNC needs to raise EUR5 million in equity. It can issue common shares that pay taxable dividends and bearer shares that pay the same dividend. The tax rate on taxable dividends is 5.50%. In addition, the MNC incurs a cost of 5.50% of the proceeds to issue common shares. If the cost to issue bearer shares is of the proceeds, then the MNC is indifferent between either type of share. a. 11% b. 10.5% c. 10% d. There is not enough information to answer this question. e. None of the options in this question are correct. Your answer is incorrect. The correct answer is: None of the options in this question are correct