You need to raise $200,000 to start a business.

1. What sources would you consider and what are each of their costs? What is the marginal cost of capital for your 200,000th dollar?

2. Ting's 3-D printing business is expected to earn $50M next year Its dividend payout ratio is 30%. Its capital structure is 55% equity and 45% debt. What is its breakpoint? (Hint: begin by calculating retained earnings.)

Please answer the 1 and 2 question.