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Morgan Corporation has 6 0 % of its capital structure in the form of equity capital. $ 2 0 0 , 0 0 0 in

Morgan Corporation has 60% of its capital structure in the form of equity capital. $200,000 in capital needs to be raised for a project but only $50,000 in funds is available through retained earnings. How much must be raised through common stock to maintain Morgan Corporation's capital structure?
Question 9 options:
C) $120,000
A) $50,000
D) $90,000
B) $70,000

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