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Issuing new shares brings extra expenses for SEC filing and investment banker fees. Those are called:

AFreight costs
BFixture costs
CLanding costs
DFlotation costs
Answer & Solution
Correct answer: D. Flotation costs
1. They arise when new shares are placed. 2. Filing and banker fees are included. 3. They are flotation costs. _Source: OpenStax Principles of Finance 2e, Chapter 17, How Firms Raise Capital._
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