The objective of the article is to point out the difficulties in calculating the cost of capital gained during the initial public offer of a small-medium firm. The classical methods of calculation lack unmeasured advantages and disadvantages of initial public offer (IPO) and they assume correlation between cost of capital and expected rate of return on investment what in the case of some firms could not always be true.
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SYNAT - “Interdisciplinary System for Interactive Scientific and Scientific-Technical Information”.