In the normalization process, it is necessary to identify all the determinants in a relation

A key trend contributing to the evolution of public relations is the growing power of public opinion to act as a positive force in shaping democratic societies

Indicate whether the statement is true or false

Higher flotation costs will result in all of the following EXCEPT

A) higher weighted average cost of capital. B) higher cost of retained earnings. C) higher cost of common equity when new common shares are sold. D) higher after-tax cost of debt.