Question 19 (1 point) A company is considering a project which has an initial startup cost of $763,930. The firm maintains a debt-to-equity ratio of 1.03. The flotation cost of debt is 7.70% and the flotation cost of external equity is 11.90%. The firm has sufficient internally generated equity to cover the equity cost of this project. What is the initial cost of the project including the flotation costs? $714,398 $734,243 $754,087 $773,932 $793,776