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Practicing your speech:
Flotation Costs
The costs associated with issuing new securities, including underwriting, legal, and registration fees, which are incurred by a company when it issues new stocks or bonds.
New Equity
Refers to the issuance of shares by a company to raise capital, which dilutes existing ownership but can provide funds for expansion or debt reduction.
Constant Growth
A steady and unchanging rate at which the value or size of something increases over a specific period.
Flotation Costs
The total costs incurred by a company in issuing new securities, including underwriting, legal, and registration fees.
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