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For the average firm, what is the most important direct cost overall of going public? A. Auditing fees B. Legal fees C. Exchange-listing fees D.

For the average firm, what is the most important direct cost overall of going public?

A.

Auditing fees
B.

Legal fees
C.

Exchange-listing fees
D.

Gross spreads
E.

All of the options listed here are equally important

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