Question: 1- Recent IPOs (including Dropbox and Spotify) highlight flotations costs. Carefully define flotation costs and describe their purpose, specifically pertaining to IPOs 2- defining beta?

1- Recent IPOs (including Dropbox and Spotify) highlight flotations costs. Carefully define flotation costs and describe their purpose, specifically pertaining to IPOs

2- defining beta? Be sure to include information on beta benchmarking, carefully defining market risk and the significance of beta above and below current benchmarking. include information on beta benchmarking, carefully defining market risk, and the significance of beta above and below current benchmarking.

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