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The cost of new common stock financing is higher than the cost of retained earnings due to ________.

The cost of new common stock financing is higher than the cost of retained earnings due to ________.
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The cost of new common stock financing is higher than the cost of retained earnings due to ________.

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User Pharylon
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1 Answer

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flotation costs and underpricing
answered
User Wilfo
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8.4k points
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