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A Kinston firm faces direct costs of 8% of the amount of cash raised for new security sales. How much capital needs to be raised

A Kinston firm faces direct costs of 8% of the amount of cash raised for new security sales. How much capital needs to be raised if initial project outlays total $6 million? A. $5.520 million B. $6.480 million C. $6.522 million D. $6.640 million E. $6.750 million Show the work

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