The cost of retained earnings is less than the cost of new, Financial Management

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The cost of retained earnings is less than the cost of new

The cost of retained earnings is less than the cost of new outside equity capital. Consequently, it is totally irrational for a firm to sell a new issue of stock and to pay cash dividends during the same year. Discuss the meaning of those statements.

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Financial Management: The cost of retained earnings is less than the cost of new

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Financial Management: The cost of retained earnings is less than the cost of new

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