Question 20 (4 points) A firm's target capital structure is 25 percent debt, 25 percent preferred stock, and 50 percent common stock. If the addition to retained earnings is expected to be $1100000, what is the breakpoint associated with retained earnings? That is, how much new capital can the firm raise from all sources, without having to issue new shares? Your Answer: Answer units Previous Page Next Page Page 20 of 25