a. What are flotation costs? b. How are flotation costs included in an NPV analysis?
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a. What are flotation costs?
b. How are flotation costs included in an NPV analysis?
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a Flotation costs also known as issuance costs or underwriting fees are the expenses incurred by a company when it issues new securities such as stock...View the full answer
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Related Book For 
Fundamentals of corporate finance
ISBN: 978-0073382395
9th edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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