Question: 83 . You are considering a project which requires $136 000 in external financing . The flotation cost of equity is 11 percent and the

83 . You are considering a project which requires $136 000

83 . You are considering a project which requires $136 000 in external financing . The flotation cost of equity is 11 percent and the cost of debt is 4 5 percent . You wish to maintain a debt- equity ratio of 45 . What is the initial cost of the project including he flotation costs ? $138.009 b $143 . 367 $149 422 d $154004 $155. 283

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