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show calculations, not excel 7. Suppose your company needs $75 million to build a new facility. Your company's target capital structure is 60% debt and
show calculations, not excel
7. Suppose your company needs $75 million to build a new facility. Your company's target capital structure is 60% debt and 40% equity. The flotation cost for new equity is 7%, and the flotation cost for debt is 3%. Your boss indicates that the firm would probably issue equity to fund the project. What is the true cost of building the new assembly line, taking flotation costs into accountStep by Step Solution
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