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From the issuing firm's perspective, when determining the amount of net proceeds received from a bond issue, the proceeds reflect an adjustment to the face
From the issuing firm's perspective, when determining the amount of net proceeds received from a bond issue, the proceeds reflect an adjustment to the face value of the bond by considering its __________.
a. risk
b. flotation cost
c. taxes
d. returns
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Public Finance
Authors: Harvey S Rosen
6th Edition
0072374055, 978-0072374056
