Why should we expect the flotation costs for debt to be significantly lower than those for equity?

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M Finance

ISBN: 9781266827877

6th Edition

Authors: Marcia Cornett, Troy Adair, John Nofsinger

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Question Posted: May 29, 2024 09:01 AM

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Thinking about the definition of the term "flotation costs," s hould we expect the flotation costs for debt to be significantly lower than those for equity?
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Why should we expect the flotation costs for debt to be significantly lower than those for equity?

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M Finance

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