1. CCC Inc. has a target capital structure of 60 percent equity and 40 percent debt. The flotation costs for equity issues are 8 percent of the amount raised; the flotation costs for debt issues are 3 percent of the amount raised. If CCC needs $112 million for a new manufacturing facility, what is the true costs including flotation costs?

   	A.	$115,463,918
   	B.	$118,601,524
   	C.	$121,739,130
   	D.	$119,148,936