Question
Cost of issue of new shares is known
as:Solution
The cost incurred by a company in issuing new shares is known as floatation cost. This cost includes various expenses such as underwriting fees, legal fees, printing and advertising costs, and other expenses related to the issue of new shares. These costs are deducted from the proceeds of the issue to arrive at the net amount received by the company.
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- A series is given with one term missing. Choose the correct alternatives from the given ones that will complete the series.
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17, 18, 22, 31, 47, ___
