Intro The flotation cost for new equity is 10% and the flotation cost for new debt is 1%. The company has a target debt-equity ratio of 1.7. | Attempt 1/10 for 10 pts. Part 1 What are the weighted average flotation costs as a fraction of the amount invested? 4+ decimals Submit Part 2 Attempt 1/10 for 10 pts. What would be the weighted average flotation costs as a fraction of the amount invested if the company used retained earnings to finance the equity portion of the amount invested? 4+ decimals Submit