Question 8 1 pts NYC Ltd. Can sell new shares of common stock for $40. However, the company will only receive $35 per share after flotation costs. What is NYC's flotation fee? 6.396 12.5% 1.4% 9.6% 1 pts Question 9 What does rs, the cost of retained earnings, represent when used in the WACC equation? An opportunity cost to stockholders The yield on the company's bonds The desired capital structure for the company A riskless investment Question 10 1p When selecting capital structure weights for WACC, it is best to use: target values book values taxable values industry values Question 11 1 pts Which of the following would be an example of a capital budgeting decision for a large Fortune 500 company? Deciding on a location to build a new warehouse which will double the company's operating capacity. Hiring a new CEO. Choosing which food service company will run the cafeteria. Comparing two office supply vendors