Sprint, MCI, AT&T and others are all examples of what kind of organizations?

Under a defined contribution plan, the amount of retirement benefit that would be received by an employee is fixed and the employee knows the amount

Indicate whether the statement is true or false

To estimate the after-tax cost of common stock you must:

A) multiply the before-tax cost of equity by (1 - tax rate) B) multiply the before-tax cost of equity by (1 + tax rate) C) multiply the before-tax cost of equity by (tax rate) D) None of the above because common stock dividend payments are not tax deductible for the firm.