11: Corporate Finance: Corporate Investing and Financing ...
the firm's payout ratio is 60 percent . its common equity ratio is 30 percent . If the firm has a capital budget of $1,000,000, what component cost of common equity will be built into the weighted average cost of capital for the last dollar of capital the company raises? A. 9.94% B. 11.75% C. 10.50% D. 9.20% Explanation: Correct answer: A ................
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