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In the presence of floatation costs, the cost of external equity is

In the presence of floatation costs, the cost of external equity is

In the presence of floatation costs, the cost of external equity is


[A]More than the cost of existing equity capital


[B]Less than the cost of existing equity capital

[C]Equal to the cost of existing equity capital


[D]Equal to the cost of long-term debt

Roshan kumar 27-Dec-2017

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