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Business, 20.09.2020 06:01 lee2125

Hibiscus Co has a debt-equity ratio of 0.80. The firm is analyzing a new project which requires an initial cash outlay of $300,000 for new equipment. The flotation cost for new equity is 9% and for debt 4.95%. What is the initial cost of the project including the flotation costs?

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Hibiscus Co has a debt-equity ratio of 0.80. The firm is analyzing a new project which requires an i...
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