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Need to raise $ 2 0 0 , 0 0 0 , 0 0 0 in capital ( use for the Initial Outlay ) for

Need to raise $200,000,000 in capital (use for the Initial Outlay) for construction of a new audio-visual complex. 5 Year Project. Proposed $1,163 Bond Price, 4.4% Coupon Payment. 18% Corporate Tax Rate. 2.2% Common Stock Dividend yield. 6.5% Common Stock Growth rate. $0.75 per share dividend for Preferred Stock and $17 Preferred Stock Par Value. Annual free cash flows = $55,000,000 for year 1, $60,000,000 for year 2, $60,000,000 for year 3. $20,000,000 for year 4, and $15,000,000 for year 5.

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