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Basic Question 1 of 5
The primary goal of raising capital in the equity market is to ______.
B. ensure debt covenants are met
C. improve capital adequacy ratios
A. finance the company's revenue-generating activities
B. ensure debt covenants are met
C. improve capital adequacy ratios
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Learning Outcome Statements
explain the role of equity securities in the financing of a company's assets
contrast the market value and book value of equity securities
compare a company's cost of equity, its (accounting) return on equity, and investors' required rates of return
CFA® 2024 Level I Curriculum, Volume 3, Module 4.