Question
The inclusion of flotation costs in capital budgeting analysis will cause the: Select one: a. Debt-equity ratio of a firm to change. b. Initial cash
The inclusion of flotation costs in capital budgeting analysis will cause the:
Select one:
a. Debt-equity ratio of a firm to change.
b. Initial cash outlay for a project to decrease.
c. WACC to increase.
d. Annual cash flows of a project to decrease.
e. Net present value of a project to decrease.
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Fundamentals Of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
Concise 10th Edition
1337902578, 978-1337902571
