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Which of the following statements is CORRECT? Ob When calculating the cost of preferred stock, a company does not need to adjust for taxes, because

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Which of the following statements is CORRECT? Ob When calculating the cost of preferred stock, a company does not need to adjust for taxes, because preferred stock dividends are not deductible by the paying corporation All else equal, an increase in a company's stock price will increase its marginal cost of retained earnings, Is All else equal, an increase in a company's stock price will increase its marginal cost of new common equity, To Since the money is readily available, the after-tax cost of retained earnings is usually much lower than the after-tax cost Od of debt

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