The cost of retained earnings differs from the cost of a new stock issue in that: a. A new stock issue has flotation cos
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The cost of retained earnings differs from the cost of a new stock issue in that: a. A new stock issue has flotation cos
The cost of retained earnings differs from the cost of a new stock issue in that: a. A new stock issue has flotation costs while retained earnings does not. b. Retained earnings are free to the company while a new stock issue is not c. The costs do not differ. d. New investors typically purchase the new shares while retained earnings belong to existing investors.
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