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What is the first step in the process of adjusting the initial investment for flotation costs? Multiple choice question. Compute the weighted average flotation cost

What is the first step in the process of adjusting the initial investment for flotation costs?

Multiple choice question.

Compute the weighted average flotation cost using the target capital weights

Compute the weighted average flotation cost using the firm's current capital weights

Multiply the initial investment by

(1 +

) .

Divide the initial investment by

(1 -

)

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