Which of the following would NOT normally be considered a "flotation cost"?
A) printing and engraving expenses B) dividends
C) legal fees D) underwriter's spread
B
Business
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Because quality is subjective, all customers have the expertise to assess the quality and value they receive
Indicate whether the statement is true or false
Business
The basis for efficient markets includes all of the following EXCEPT:
A) A small number of well-informed investors who collude to set fair prices. B) Many investors attempting to maximize their returns from investing. C) Immediate reactions by investors to pertinent new information. D) Investors benefitting by obtaining important new information first. E) Investors constantly seeking better investment opportunities.
Business