To become more globally competitive, the Ajax Manufacturing Corporation needs to invest \(\$ 1,000,000\) in new equipment. After careful analysis, the corporate engineering economist has determined that in order for the investment to be attractive, the cost of capital should be no greater than 10.509 percent. The investment is to be financed through a combination of two sources: (1) a bank loan and (2) company common stock. The bank loan, regardless of amount, has a before-tax effective interest rate of 9.60 percent/yr/yr. Company stock is selling for a stable price of $100/share and pays an annual dividend of $11.90. Ajax’s effective tax rate is 34 percent with taxes paid annually. If the cost of capital is to be exactly 10.509 percent, how much of the investment should be financed from each source?