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Which of the following best defines the term flotation costs? The return that equity investors require on their investment in the firm. The costs associated

Which of the following best defines the term flotation costs?
The return that equity investors require on their investment in the firm.
The costs associated with the issuance of new securities.
Performancmeasure based on WACC.
Retained earnings divided by net income.
The return that lenders require on the firm's debt.
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