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Which of the Following Statements Is Incorrect

Question 7

Multiple Choice

Which of the following statements is incorrect?


A) The size of the investment banker's commission depends on the financial health of the corporation issuing stock.
B) Although a corporation can have only one IPO,it can sell additional stock after the IPO.
C) The cost of selling stock is referred to as flotation costs.
D) The ongoing costs associated with selling stock are low.
E) All of these statements are correct.

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