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QUESTION

a firm has a target capital structure of 60 percent equity and 40 percent debt. the flotation cost of equity is 13

a firm has a target capital structure of 60 percent equity and 40 percent debt. the flotation cost of equity is 13

percent while it is 9 percent for debt. the initial cost of a project is $468,000. what is the flotation adjusted cash flow for time zero

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