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QUESTION
He expansion project at zingerman requires an initial investment of $10,000,000. the target d/e ratio is 3/2 for the firm. flotation costs are 10% for equity and 4% for debt. how much funds have to be
He expansion project at zingerman requires an initial investment of $10,000,000. the target d/e ratio is 3/2 for the firm. flotation costs are 10% for equity and 4% for debt. how much funds have to be raised for this project taking into account the flotation costs?
