Question
Is a new issuance of BONDS would attract a flotation cost of $50. Is this supposed to be subtracted from the PV? ..is a new
Is a new issuance of BONDS would attract a flotation cost of $50. Is this supposed to be subtracted from the PV? ..is a new issuance of bonds the same as new issuance of debt when talking about flotation costs?
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Investment Analysis and Portfolio Management
Authors: Frank K. Reilly, Keith C. Brown, Sanford J. Leeds
11th Edition
1305262999, 1305262997, 035726164X, 978-1305262997
