Question: Your firm is considering a project which has an initial investment of $5 million. Your target D/E ratio is .67. Flotation costs on equity are

Your firm is considering a project which has an initial investment of $5 million. Your target D/E ratio is .67. Flotation costs on equity are 8% and flotation costs on debt are 2%. What is the total amount that needs to be raised when you consider flotation costs

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