Examlex
Select the correct description for each of the abbreviations.
-ACL
Flotation Cost
The total costs associated with issuing new securities, including underwriting, legal, and registration fees.
Issue Price
The initial price at which securities are offered to the public.
Annual Dividend
The total dividend payment a shareholder receives from a company over the course of a year, often expressed as a per share amount.
Flotation Cost
Flotation cost is the total cost incurred by a company in offering its securities to the public for sale, including underwriting, legal, and registration fees.
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