Two financing options are being evaluated. Which should I select? Option 1 60% equity at 12% and a loan for the balance at 9% OR 20% equity and the balance load at 12.5% per year? Type out the correct answer with proper explanation of it. Will give you thumbs up only for the correct answer.thank you

Entrepreneurial Finance
6th Edition
ISBN:9781337635653
Author:Leach
Publisher:Leach
Chapter1: Introduction To Finance For Entrepreneurs
Section: Chapter Questions
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Two financing options are being evaluated. Which should I select? Option 1 60% equity at 12% and a loan for the balance at 9% OR 20% equity and the balance load at 12.5% per year?

Type out the correct answer with proper explanation of it. Will give you thumbs up only for the correct answer.thank you

 

 

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