In a recent comprehensive survey, corporate CFOs were asked why they d

In a recent comprehensive survey, corporate CFOs were asked why they did NOT use more equity in their capital structure. Which of the following choices was NOT cited by 50% or more of the CFOs responding to the survey?

A) EPS dilution
B) Concerns that equity was not the least expensive form of financing
C) Concerns that share price might decline
D) All of the above were cited by at least 50% of the responding CFOs.

ANSWER

D