____ are NOT included in flotation costs.
A)Issue costs
B)Fees paid to the underwriters
C)Taxes paid on income earned from the stock offering
D)Registration expenses

Question

Quizplus · Accepted Answer

Flotation costs refer to the expenses incurred by a company in issuing new securities, including fees for underwriting, legal counsel, registration, and advertising. Taxes paid on income earned from the stock offering are not considered part of flotation costs, as they are related to the income generated by the investment rather than the costs of issuing the securities.

____ Are NOT Included in Flotation Costs