Question
The least precisely known capital component cost is Select one: a. debt, because the tax effect confuses things. b. preferred stock, because its not used
The least precisely known capital component cost is
Select one:
a. debt, because the tax effect confuses things.
b. preferred stock, because its not used by many companies andpeople arent familiar with it.
c. equity because its future cash flows are uncertain.
d. theyre all known with about the same level of certainty.
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Principles Of Managerial Finance
Authors: Lawrence J. Gitman, Chad J. Zutter
13th Edition
9780132738729, 136119468, 132738724, 978-0136119463
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