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Home Q & A Board Other Fields Homework Help Business Management
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betterway betterway
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7 years ago
Since retained earnings is a more expensive source of financing than debt and preferred stock, the weighted average cost of capital will fall once retained earnings have been exhausted.
Textbook 
Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
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UlainUlain
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betterway Author
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7 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
einstein
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This calls for a celebration Person Raising Both Hands in Celebration
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Thank you, thank you, thank you!
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