Question 17 Not yet answered Marked out of 100 A Spanish MNC needs to raise EUR75 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 5,60% 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. O a. 11.00% Fas question Ob 10.00% Oc. None of these options are correct. O d. 10.50% Previous page Next page