Flotation Costs Are

question 99

Multiple Choice

Flotation costs are:

• A)insignificant and can be assumed away.
• B)the difference between the bid-ask spread on the sale of the security.
• C)commissions to the underwriting firm that floats the issue.
• D)None of these answers are correct.

---

Definitions:

Bonus Pay

Additional compensation given to employees on top of their regular salary, often as a reward for achieving specific goals or performance benchmarks.

Correct Figure

An accurate representation or calculation that has been verified to be in line with established facts or standards.

Unethical Behaviour

Actions that deviate from what is considered morally right or acceptable in a professional setting.

Pay Transparency

A policy or practice where employers openly share salary information, such as the basis for pay decisions, in order to ensure fairness and equity.