The Lingo Co. has a debt-equity ratio of .60. The ﬁrm is analyzing a new project which requires an initial cash outlay of $450,000 for new equipment. The ﬂotation cost for new equity is 10 percent
And for debt 5 percent. What is the initial cost of the project including the ﬂotation costs?

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The Answer of The Lingo Co. has a debt-equity ratio of .60. The ﬁrm is analyzing a new project which requires an initial cash outlay of $450,000 for new equipment. The ﬂotation cost for new equity is 10 percent
And for debt 5 percent. What is the initial cost of the project including the ﬂotation costs?