How does a firm’s tax rate affect its cost of capital? What is the effect of the flotation costs associated with a new security issue? Custom Essay

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Use a standard essay format for response to al questions (i.e. four to five paragraphs with three to five sentences per paragraph, including an introduction, middle paragraphs, and conclusion).
Double-spaced, using a standard font, 12 point type.
Responses should be no fewer than 300 words and no more than 500 words in length.

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