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Business, 17.12.2019 00:31 aberiele1998

Afirm has a capital structure that is 75% equity and 25% debt. they would like to buy some machinery that would cost $1,500,000. the firm has a flotation cost of equity of 6.5% and a flotation cost of debt of 5.75%. if they buy the equipment, how much will the firm have to pay in flotation costs? assume that the firm maintains their current capital structure. ($101,067)

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