quot;Direct out-of-pocket costs associated with raising capital include _________________.quot; I. Fees paid to investment bankers II. Legal and...

WACC: "Direct out-of-pocket costs associated with raising capital include _________________."I. Fees paid to investment bankersII. Legal and accounting expensesIII. The cost of the manager's time spend working on raising fundsIV. Printing and engraving costs for the new securities