Axon Industries needs to raise $ 3 , 0 0 0 , 0 0 0 USDs for
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Question:
Axon Industries needs to raise $ USDs for a new investment project. If the firm issues year debt, it may have to pay an interest rate of although Axon's managers believe that would be a fair rate given the level of risk. If the firm issues equity, they believe the equity may be underpriced by What is the cost in USDs to current shareholders of financing the project out of debt? Note: Express your answers in strictly numerical terms. For example, if the answer is $ enter as an answer.
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