CONTEMP.FINANCIAL MGMT. (LL)-W/MINDTAP
CONTEMP.FINANCIAL MGMT. (LL)-W/MINDTAP
14th Edition
ISBN: 9780357292877
Author: MOYER
Publisher: CENGAGE L
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Chapter 15, Problem 12QTD
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To discuss: Some of the people suggested that it is irrational for a firm to pay dividends and they sell new stock in the same year because the cost of newly issued equity is greater than the cost of retained earnings.

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