These are fees paid by firms to investment bankers for issuing new securities.

Name: These are fees paid by firms to investment bankers for issuing new securities.
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Flotation costs refer to the fees paid by firms to investment bankers for underwriting and issuing new securities. These costs may include fees for preparing and filing necessary documents with regulatory bodies, expenses related to marketing the securities, and fees for underwriting the securities.

These Are Fees Paid by Firms to Investment Bankers for Issuing