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the answer is a 6 digit number price, i have one more answer left before i run out of chances for the problem. i will

the answer is a 6 digit number price, i have one more answer left before i run out of chances for the problem. i will upvote correct answers!! image text in transcribed
Mesa Medea is evaluating a project to help increase sales. The project costs $590,000 and has an tRR equat to 15 percent. The project is drvisible, whach means any portion can be purchased. Mesa can raise up to 580,000 in new debt at a before-tax cost (ra) oqual to 7 percent; additicnat debt wall cost 10 percent before taxes. Mesi expects to retain 5400,000 of its earnings this year to support the purchase of the project. Mesal's cest of retained earnings is 15 percent, and its cost of new common equity is 18 percent. Its target capital structure consists of 20 percent debt and B0 percent common equity. If Mesa's marginal tax rate is 40 percent, how much of the project should be purchasedz Round youat answer to the neatest doltar

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