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  • 20-12-2022
  • Business
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uptown stores can issue equity at a flotation cost of 8.75 percent and debt at 5.85 percent. the firm currently has a debt-equity ratio of .38 but prefers a ratio of .35. what should this firm use as their weighted average flotation cost? a) 8.26 percent b) 8.15 percent c) 8.34 percent d) 8.00 percent e) 8.37 percent

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