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Which of the following statements is correct? Multiple Choice 0:46 The flotation-adjusted cost of equity will always be less than the cost of equity that

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Which of the following statements is correct? Multiple Choice 0:46 The flotation-adjusted cost of equity will always be less than the cost of equity that has not been adjusted for flotation costs. ON ances The flotation-adjusted cost of equity will always be more than the cost of equity that has not been adjusted for flotation costs. The flotation adjusted cost of equity may be more than or less than the cost of equity that has not been adjusted for fotation costs None of these choices are correct

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