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9. Jolly Company's weighted average flotation cost is 3%. If the flotation cost of equity is 2% and the flotation cost of debt is 4%,

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9. Jolly Company's weighted average flotation cost is 3%. If the flotation cost of equity is 2% and the flotation cost of debt is 4%, and the total value of the company is $700,000, how much does the company have in equity and how much in debt? Equity Debt

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