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    Financial Markets and Institutions
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    Exam 24: Securities Operations
  5. Question
    Flotation Costs as a Percentage of the Value of Securities
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Flotation Costs as a Percentage of the Value of Securities

Question 29

Question 29

Multiple Choice

Flotation costs as a percentage of the value of securities issued are ____ for ____ issues.


A) lower; small
B) lower; large
C) higher; large
D) A and C

Correct Answer:

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