ESSENTIAL OF CORP FINANCE W/CONNECT
ESSENTIAL OF CORP FINANCE W/CONNECT
8th Edition
ISBN: 9781259903175
Author: Ross
Publisher: MCG CUSTOM
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Chapter 15, Problem 4QP
Summary Introduction

To find: The flotation costs’ percentage.

Introduction:

The publically traded company incurs certain costs at the time of issuing new securities, and it also includes various expenditures like registration fees, legal fees, and underwriting fees. Thus, these costs are referred to as flotation costs.

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