Trower Corp. has a debt-equity ratio of 0.85. The company is considering a new plant that will cost $145 million to build. When the company issues new equity, it incurs a flotation cost of 8 percent. The flotation cost on new debt is 3.5 percent. 25) What is the initial cost of the plant if the company raises all equity externally? a. $153,250,975 b. $153,750,005 c. $154,975,250 d. $154,144,519 26) What if it typically uses 60 percent retained earnings? a. $150,006,990 b. $154,144,519 c. $160,000,975 d. $152,997.250 27) What if all equity investments are financed through retained earnings? a $150,006,990 b. $147,369,867 c. $154,144,519 d. $160,006,665