问题如下:
Which of the following statements about the cost of equity is incorrect?
选项:
A. It is the rate of return required by a company’s common shareholders.
B. It uses the market rate instead of coupon rate
C. It also means the cost of retained earning
解释:
B is correct. After-tax cost of debt uses the market rate instead of coupon rate.
A和C可以解释一下吗?