Answer the below questions.

Problem 13-14 Calculating Flotation Costs Suppose your company needs $18 millionito build a new assembly linemount equity ratio is 165. The flotation cost for new equity is 8 percent but the f debt is only 5 percent Your boss has decided to fund the project by bora because the flotation costs are lower and the needed funds are relatively a. What is your company's weighted average flotation costmas externally? (Do not roulift Calculations percent rounded 10 ? b. What is th account 10 millions of dollar Answer is complete but not " a Flotation:693