Assume there are no personal or corporate income taxes and that the firm's WACC is unaffected by its capital structure. Which of the following is true?
Answer: firm's cost of equity depends on the firm's business and financial risks.
Assume there are no personal or corporate income taxes and that the firm's WACC is unaffected by its capital structure. Which of the following is true?
Answer: firm's cost of equity depends on the firm's business and financial risks.
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.