Define and explain the concept of flotation costs

Reference no: EM132467596

Please, address each of the questions below, in 100-150 words (per question). Include any relevant examples and links to your sources.

Question 1: Why are some advantages and disadvantages of firms's use of long-term debt?

Question 2: Define and explain the concept of flotation costs.

Question 3: What are the benefits to investors of owning preferred stock?

Attachment:- preferred stock.rar

Reference no: EM132467596

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