Question: What does the term floatation costs mean in the context of raising capital? The cost associated with reinvesting earnings back into the company. The cost
What does the term "floatation costs" mean in the context of raising capital?
| The cost associated with reinvesting earnings back into the company. |
| The cost associated with raising external capital. |
| The cost of floating rate debt. |
| The opportunity cost associated with internal capital. |
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