elizaannettem2495 elizaannettem2495

20-07-2020
Business

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The cost of raising capital through retained earnings is__________ the cost of raising capital through issuing new common stock.

Respuesta :

ewomazinoade ewomazinoade

23-07-2020

Answer:

less

Explanation:

flotation costs are the cost incurred when issuing new common stock.

there are no flotation cost when using retained earnings to raise new capital.

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