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The ____ from the sale of a security are the funds actually received from the sale after____. a. net proceeds; reducing the flotation costs b.

The ____ from the sale of a security are the funds actually received from the sale after____.

a. net proceeds; reducing the flotation costs

b. net proceeds; adding the after-tax cost

c. gross proceeds; reducing the flotation costs

d. gross proceeds; adding the after-tax cost

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