International English College is evaluating a project that will require an initial investment in fixed asset of $$9,420,000.$ The asset will be fully depreciated straight$-$line over $10$ years. Even if its book value will be down to zero at the end of the project, it will be sold at a salvage price of $$1,000,000.$ A market research company that has been paid $$50,000$ for its services estimates that the project will generate an incremental annual revenue of $$4,680,000$ for the next $10$ years. Corresponding variable costs will be $25\%$ of revenues while annual non$-$variable costs will be $$870,000.$ The company is also planning to use for the project a property it owns that is currently being rented out for $$130,000$ annually. The project will require raising $$290,000$ one$-$off in net working capital at the start, remaining constant at this level throughout the project and which will be fully recovered at the end of $10$ years when the project is wound up$.$ The acceptable rate of return for the project will be based on the company$$s weighted average cost of capital $($WACC$).$ The cost of debt can be calculated from information in the company$$s financial statements. Of the company$$s non$-$current liabilities in its balance sheet, $70\%$ is long$-$term debt on which it is paying the total financing costs reported in its income statement. The cost of equity can be calculated from the following information: company Beta is $1\mathrm{.}455,$ the risk$-$free rate of return is $5\%$ and the market expected rate of return is $13\%.$ The company$$s tax rate is $30\%.$

Discuss possible ways for the company to finance projects like this. There is no need to make specific recommendations, just need to discuss the available options for the company.