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When Herman was little,he found that he was able to become highly sexually aroused when he used his older sister's newly worn panty hose during masturbation.When Herman grew into a young man,he found that he was able to achieve sexual satisfaction only when he had access to freshly worn panty hose.This is an example of
Flotation Costs
Flotation costs are the total costs incurred by a company in issuing new securities, including underwriting fees, legal fees, and registration fees.
Net Present Value
A calculation that discounts future cash flows back to their present value to evaluate and compare the profitability of investments or projects.
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