Question: Your boss would like you to evaluate a project which requires $164,000 in external financing. The flotation cost of equity is 12% and the flotation

Your boss would like you to evaluate a project which requires

Your boss would like you to evaluate a project which requires $164,000 in external financing. The flotation cost of equity is 12% and the flotation cost of debt is 5 %. You wish to maintain a debt-equity ratio of.55. What is the initial cost of the project including the flotation costs? Multiple Choice O $181.248 O $180,337 O $179.606 O $177,226 O O $178,552

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