The Example of Canadian Jet Set Airline's Expansion by Issuing

Multiple Choice

The example of Canadian Jet Set Airline's expansion by issuing new equity proves that

A) any gain or loss associated with the transaction will result from the expected return of the investments the firm makes with the funds raised.
B) any gain or loss associated with the transaction will result from the realized return of the investments the firm makes with the funds raised.
C) any gain or loss associated with the transaction will result from the required return of the investments the firm makes with the funds raised.
D) any gain or loss associated with the transaction will result from the NPV of the investments the firm makes with the funds raised.