If we issue 10 shares at an offering price of $10, suppose the flotation cost is 7%. How much can we actually receive after paying the flotation cost? Say if you do need to receive $100, with 7% flotation cost, how much do you actually need to issue?

Answer rating: 100% (QA)

To calculate how much we can actually receive after paying the flotation cost we need to consider ... View the full answer