Homework Clinic
Social Science Clinic => Business => Finance => Topic started by: azncindy619 on Jul 11, 2018
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The portion of an asset's sale price that is below its book value and below its initial purchase price is called ________.
A) a capital gain
B) recaptured depreciation
C) a capital loss
D) book value
Question 2
The firm's cost of a new issue of common stock is ________. (See Table 9.2 )
A) 10.2 percent
B) 14.3 percent
C) 16.7 percent
D) 19.2 percent
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Answer to Question 1
C
Answer to Question 2
D