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Your company has a ratio Loan/equity equal to 0.6. Flotation costs are 12% for new equity and 6% for borrowing. The company examines a new

Your company has a ratio Loan/equity equal to 0.6. Flotation costs are 12% for new equity and 6% for borrowing. The company examines a new investment that will require 5 million dollas in external financing. Which will be the initial cost of the investment including the flotation costs

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