Question
A firm has raised $165 million for a project. If exterenal financing is used, the firm faces floatation costs 8% for equity and 2.5% for
A firm has raised $165 million for a project. If exterenal financing is used, the firm faces floatation costs 8% for equity and 2.5% for debt. If the project is to be financed 60% equity and 40% with debt, how much cash must be raised in order to finance the project?
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Introduction To The Financial Management Of Healthcare Organizations
Authors: Michael Nowicki
7th Edition
156793904X, 9781567939040
