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  3. Study Set
    Principles of Managerial Finance
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    Exam 9: The Cost of Capital
  5. Question
    Flotation Costs Reduce the Net Proceeds from the Sale of a Bond
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Flotation Costs Reduce the Net Proceeds from the Sale of a Bond

Question 40

Question 40

True/False

Flotation costs reduce the net proceeds from the sale of a bond whether sold at a premium, at a discount, or at its par value.

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