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The Daily Brew has a debt-equity ratio of 0.5. The firm is analyzing a new project which requires an initial cash outlay of $450,000 for
The Daily Brew has a debt-equity ratio of 0.5. The firm is analyzing a new project which requires an initial cash outlay of $450,000 for equipment. The flotation cost is 1.2 percent for equity and 6 percent for debt. What is the initial cost of the project including the flotation costs?
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3D As given debt equity ratio 05 Let equity debt so debt 05 x equity NOW De...
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Fundamentals of corporate finance
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
10th edition
978-1260013955, 78034639, 978-0078034633
