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Please help me solve this problem, thanks. D Question 14 2 pts Slopes United, a publicly traded ski resort, needs to raise capital to build

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Please help me solve this problem, thanks.

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D Question 14 2 pts Slopes United, a publicly traded ski resort, needs to raise capital to build a new chair lift with a cost of $5 million.. Their cost of equity is 14%, cost of debt is 6%, and cost of preferred is 4%. Flotations costs on equity is 10%, on debt is 5%, and on preferred is 6%. They want to maintain their current capital structure of 45% equity, 40% debt, and 15% preferred stock. The tax rate is 35%. What is the total cost of the chair lift? $5,000,000 O $5,399,569 $5,364,806 ONone of the above

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