Q.
1

I. The company has a very long or perpetual life

II. All earnings are either invested internally or distributed as divided

III. There is not floatation cost for the company   IV. Cost of capital of the company is constant

Codes:

 

  • A

    I II III                  

  • B

    II  III  IV               

  • C

    I  II  IV                 

  • D

    I   III  IV