Morningstar, a leading. mutual fund industry publication, classifies funds by the number of shareholders and the total amount of money invested in the fund

________ significance depends on whether or not there is a managerial application that uses the difference

A) Practical B) Statistical C) Modest D) Critical E) Day-to-day

Flotation costs

A) are incurred when investors fail to cash their dividend check. B) are encountered whenever a firm fails to pay a dividend. C) encourage firms to pay large dividends. D) include the fees paid to the investment bankers, lawyers, and accountants involved in selling a new security issue.