of $500,000. To do so, it will have issue new common stock and will incur a flotation cost of 2.00%. At the end of the year, the project is expected to produce a cash inflow of $595,000. The rate of return that Sunny Day expects to earn (rounded to two decimal places). has a current stock price of $33.35 per share, and is expected to pay a per-share dividend constant rate of 8.70% into the foreseeable future. If white Lion expects to incur flotation costs of 3.750% of the O $1,365,834 O $1,241,667