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Apollo Learnings needs $ 3 2 million to build a new campus. The company has a target debt - equity ratio of 0 . 8

Apollo Learnings needs $32 million to build a new campus. The company has a target debt-equity ratio of 0.8.
The flotation cost for new equity is 10% and the flotation cost for new debt is 5%.
Part 1
What are the weighted average flotation costs as a fraction of the amount invested?
Part 2
What is the true cost of building the new campus (in $ million)?

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