Question: ABC Corp. needs to raise $100 M for a project. Its flotation cost of equity and debt are 7% and 5%, respectively. What is the

ABC Corp. needs to raise $100 M for a project. Its flotation cost of equity and debt are 7% and 5%, respectively. What is the actual cost of the project after adjusting for the flotation costs? The debt to equity ratio for ABC Corp. is 0.25. $107.1M $109.9M $102.4M $106.9M
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