Question: You are evaluating a project which requires $300.000 in external financing. The flotation cost of equity is 8.5% and the flotation cost of debt is

 You are evaluating a project which requires $300.000 in external financing.

You are evaluating a project which requires $300.000 in external financing. The flotation cost of equity is 8.5% and the flotation cost of debt is 4%. You wish to maintain a debt-equity ratio of 0.40. What is the initial cost of the project including the flotation costs? Muliple Choice. 5377698 5321,630 5323,326 $333,425 $276,674

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