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5. Cost of new common stock 1. 2. STEP 3 of 5 Green Caterpillar Garden Supplies Inc. is considering a one-year project that requires an

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5. Cost of new common stock 1. 2. STEP 3 of 5 Green Caterpillar Garden Supplies Inc. is considering a one-year project that requires an initial investment of $650.000 heverth capital, Green Caterpillar will incur an additional flotation cost of 2%. At the end of the year, the project is expected to produce a cash $780.000. The rate of return that Green Caterpillar expects to earn on the project after its flotation costs are into accounts TOTAL SCORE: 1/5 Grade Now Save & Contine Cabe without

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