Question: Flotation costs have no effect on the project's NPV . increase the firm's cost of capital, but only for the life of the project. increase

Flotation costs
have no effect on the project's NPV.
increase the firm's cost of capital, but only for the life of the project.
increase the initial investment in a project.
permanently increase the firm's cost of capital.
Flotation costs have no effect on the project's

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