True/False
If a firm cannot invest retained earnings and earn at least the cost of equity, it should pay these funds to shareholders and let them invest directly in other assets that do provide this return.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q26: Which of the following is least likely
Q27: The marginal cost of capital as more
Q28: Which of the following statements is most
Q30: Although it is a subjective measure, analysts
Q32: The cost of capital used in capital
Q33: Which of the following statements is correct?<br>A)Because
Q34: The firm's weighted average cost of capital
Q35: Which of the following statements is correct?<br>A)Under
Q36: Alice Stewart, who is the CFO of
Q65: Gulf Electric Company (GEC)<br>Gulf Electric Company (GEC)