Question: Question 13 2 pts A project requires an initial investment of $17 million. The target D/E ratio is 1.5. Flotation costs for equity are 10%

Question 13 2 pts A project requires an initial investment of $17 million. The target D/E ratio is 1.5. Flotation costs for equity are 10% and flotation costs for debt are 3%. What is the true cost (in dollars) of the project when you consider flotation costs? $18.50 million O $19.14 million $18.05 million O $18.18 million 2 pts

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