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4. The cost of capital represents the firm's cost of financing and is the minimum rate of return that a project must earn to increase
4. The cost of capital represents the firm's cost of financing and is the minimum rate of return that a project must earn to increase firm value. 5. The flotation costs from the sale of a bond, or any security, are the funds that the firm receives from the sale
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Handbook On Corporate Governance In Financial Institutions
Authors: Christine A. Mallin
1st Edition
1784711780, 978-1784711788
