Other things equal, a firm that must obtain its long-term debt and equity in a highly illiquid domestic securities market will probably have a:
A) relatively low cost of capital.
B) relatively high cost of capital.
C) relatively average cost of capital.
D) cost of capital that we cannot estimate from this question.
Answer: B
Business
You might also like to view...
Briefly explain the societal marketing concept. Give an example of an organization that has effectively used the societal marketing concept
What will be an ideal response?
Business
Business markets are similar to consumer markets in that ________
A) the nature of the buying unit is the same for both B) the decision processes involved in both the markets are same C) both involve people who assume buying roles and make purchase decisions to satisfy needs D) both share the same market structure E) the types of decisions are fairly consistent in both the markets
Business