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Intro Apollo Learnings needs $12 million to build a new campus. The company has a target debt-equity ratio of 1.4. The flotation cost for new
Intro Apollo Learnings needs $12 million to build a new campus. The company has a target debt-equity ratio of 1.4. The flotation cost for new equity is 10% and the flotation cost for new debt is 1%. Part 1 Attempt 1/10 for 10 pts. What are the weighted average flotation costs as a fraction of the amount invested? 4+ decimals Submit - Attempt 1/10 for 10 pts. Part 2 What is the true cost of building the new campus (in $ million)? 2+ decimals Submit
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