Which of the following statements is incorrect?
A) The size of the investment banker's commission depends on the financial health of the corporation issuing stock.
B) Although a corporation can have only one IPO,it can sell additional stock after the IPO.
C) The cost of selling stock is referred to as flotation costs.
D) The ongoing costs associated with selling stock are low.
E) All of these statements are correct.

Question

Quizplus · Accepted Answer

Statement D is incorrect because the ongoing costs associated with selling stock, such as regulatory compliance and reporting, can be significant.

Which of the Following Statements Is Incorrect