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Company ABC can issue equity at a flotation cost of 8.76 percent and debt at 5.93 percent. The firm has a target dent to equity
Company ABC can issue equity at a flotation cost of 8.76 percent and debt at 5.93 percent. The firm has a target dent to equity ratio of 0.35. What should this firm use as its flotation cost?
A) 8.34 percent
B) 8.37 percent
C) 8.03 percent
D) 8.26 percent
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Healthcare Finance An Introduction To Accounting And Financial Management
Authors: Louis C. Gapenski
2nd Edition
1567931650, 978-1567931655
