(Answered) Slopes united needs to raise additional capital to expand

Finance

Slopes united needs to raise additional capital to expand their company. They want to maintain their current capital structure of 50% equity 40% debt, and 10% preferred stock. Their cost of equity is 10%, cost of debit is 3.5% and cost of preferred stock is 5%. Flotation costs on equity is 15%, on debt is 5%, and on preferred stock is 7%. What is Slopes United's weighted average flotation cost?

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