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Oisen Dutfiters Ine. believes that as optimal capital structure consists of 65% common equity and 35% debt, and its tac rafe is 2.5%. Oisen must

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Oisen Dutfiters Ine. believes that as optimal capital structure consists of 65% common equity and 35% debt, and its tac rafe is 2.5%. Oisen must raise additional captal to fund its upcoming expanalon. The firm wit have $1 milion of retweed eamings with a cost of fo =10%. New common stock in at amount we to $9 milition would have a cost of fe = 11.346 Furthermore, Olsen can reise up to 54 miltion of debt at an interest rate of r9=11% and an adational 34 millon of debe at re=12%. The Cro estimates that a proposed expansion. Worlid require an imvestenent of is.4 milion. What is the Whec for the iast dollar falsed to complete the expansiont llound your answer to fwe decimal pisces

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