Which of the following is an appropriate goal for the firm? Select one:  a. All of these b. In secondary markets, outstanding shares of stock are bought and sold among investors. c. An active secondary market causes firms to sell their new debt or equity issues at a higher cost of funds. d. A secondary market allows investors to share their risk and return e. For an investor, the function of secondary markets is to provide profitability for the shares of securities they own.

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter7: Common Stock: Characteristics, Valuation, And Issuance
Section: Chapter Questions
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Which of the following is an appropriate goal for the firm?

Select one:

 a. All of these
b. In secondary markets, outstanding shares of stock are bought and sold among investors.

c. An active secondary market causes firms to sell their new debt or equity issues at a higher cost of funds.

d. A secondary market allows investors to share their risk and return

e. For an investor, the function of secondary markets is to provide profitability for the shares of securities they own.

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