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Kamara Manufacturing has a debt-equity ratio of 0.4. The firm is analyzing a new project that requires an initial cash outlay of $284,000 for equipment.

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Kamara Manufacturing has a debt-equity ratio of 0.4. The firm is analyzing a new project that requires an initial cash outlay of $284,000 for equipment. The flotation cost is 10.9 percent for equity and 5 percent for debt. What is the initial cost of the project including the flotation costs? Total initial cost =$ Attempt \#2: 0/1 (Score: 0/1) Allowed attempts: 3

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