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The afc corporation has decided to build a new facility. It estimates the cost of facility at 9.7 million. AFC wishes to finance this project
The afc corporation has decided to build a new facility. It estimates the cost of facility at 9.7 million. AFC wishes to finance this project using its traditional debt-to-equity ratio of 1.5. The cost of equity is 6% and the cost of debt is 1%. What is the total floation cost of raising funds
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Real Estate Development Principles And Process
Authors: Mike E. Miles, Laurence M. Netherton, Adrienne Schmitz
5th Edition
