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The Higher the Firm's Flotation Cost for New Common Equity,the

question 83

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The higher the firm's flotation cost for new common equity,the more likely the firm is to use preferred stock,which has no flotation cost,and retained earnings,whose cost is the average return on the assets that are acquired.


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A container made of glass, used for storing liquids in laboratories and various other settings.

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A group; a set of things in the same class coming one after another.

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