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Beast Corp. has a debt-equity ratio of 1.20. The company is considering a new plant that will cost $145 million to build. When the company
Beast Corp. has a debt-equity ratio of 1.20. The company is considering a new plant that will cost $145 million to build. When the company issues new equity, it incurs a flotation cost of 8%. The flotation cost on new debt is 3.5%. What is the total amount that needs to be raised?
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