Companies that face large investments that they cannot finance internally through the retention of earnings must go

Question:

Companies that face large investments that they cannot finance internally through the retention of earnings must go to the financial markets to raise the needed funds. When they do this, they will incur what are commonly referred to as flotation costs. Discuss how these flotation costs should be incorporated into the firm's analysis of .
Net Present Value
What is NPV? The net present value is an important tool for capital budgeting decision to assess that an investment in a project is worthwhile or not? The net present value of a project is calculated before taking up the investment decision at...