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Business, 05.02.2020 06:52 200002977

Chris' chai tea brewers has a debt-equity ratio of 0.74. the firm is analyzing a new project, which requires an initial cash outlay of $343,500 for equipment. the flotation cost is 8.6 percent for equity and 4.4 percent for debt. what is the initial cost of the project including the flotation costs?

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