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Can we calculate floatation cost on face value of capital ? if i do this and give note about my assumption , will my marks get deducted in exam ?
Can someone interpret the Kd formula Kd =[ I(1-t) + (F- Pnet)÷n] ÷ (F+Pnet)÷2 What is the logic behind (F + Pnet)÷2?
