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A firm needs to raise $ 2 5 0 million for a project. If external financing is used, the firm faces flotation costs of 1
A firm needs to raise $ million for a project. If external financing is used, the firm faces flotation costs of for equity and for debt. If the project is to be financed with equity and with debt, how much cash must the firm raise in order to finance the project?
A $ million
B $ million
$ million
D $ million
$ million
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