QUESTION 3 A shareholder's return is important to corporate managers because it is a cost for the firm it determines the firm's cost of borrowing it represents the cashflow return to shareholders it is inversely related to the firm's bond prices

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QUESTION 3 A shareholder's return is important to corporate managers because it is a cost for the firm it determines the firm's cost of borrowing

QUESTION 3 A shareholder's return is important to corporate managers because

		it is a cost for the firm
		it determines the firm's cost of borrowing
		it represents the cashflow return to shareholders
		it is inversely related to the firm's bond prices

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