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8. Olsen Outitters inc, believes that its optimal capital structure consists of 55% common equity and 45% debt and its tax rate is 25%. Olsen must raise additional capital to find its upcoming expansion. The fim has $4 million of retained earnings and the cost of retained camings is 11%. What's the maximum amount of capitil that Olsen Outifters can raise before selling new common stocks? Ifint, find the breakpoint on retained carnings. Show your work