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  3. Study Set
    Principles of Managerial Finance
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    Exam 9: The Cost of Capital
  5. Question
    Since the Net Proceeds from Sale of New Common Stock
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Since the Net Proceeds from Sale of New Common Stock

Question 52

Question 52

True/False

Since the net proceeds from sale of new common stock will be less than the current market price, the cost of new issues will always be less than the cost of existing issues.

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