11.11 QUESTION 13 3 points Save A ICLO 3] Funders Corp needs to raise 30 million to start a new project. The company has a target debt equity ratio of 0.70. The flotation cost for new equity is 9.1 percent, but the Hotation cost for debt is only 4 percent. The company has decided to fund the project by borrowing money, because the flotation costs are lower and the required funds are relatively small A What is the company's weighted average flotation cost, assuming all equity is raised externally? (1 mark) 8. What is the true cost of the new project after taking flotation costs into account? [1 mark) C. Does it matter in this case that the entire amount is being raised from debit? (mark) Save Answers Care Window Save and Submit Click Save and Submit to see and mut Click Save All ATS to all MacBook Pro sh SO