________ is the financial value of a customer throughout the lifetime of the customer relationship

Series I bonds offer better tax advantages than Series EE bonds

Indicate whether the statement is true or false

Phillips Enterprises Inc is expected to pay a dividend of $2.60 next year. Dividends are expected to

grow at a constant rate of 8% per year, and the stock price is currently $20.00. New stock can be sold at this price subject to flotation costs of 15%. The company's marginal tax rate is 35%. Compute the cost of internal equity (retained earnings) and the cost of external equity (new common stock), respectively. A) 21.00%, 23.29% B) 0, 21.00% C) 8.00%, 23.29% D) 23.00%, 25.48%