A U.S. Firm wants to raise $10 million of capital so it can invest in new technology. How much will it need to raise in order to net $10 million, using the average costs of raising funds.
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http://supportingadvancement.com/faq/cost_per_dollar_raised.htm
Ms. Sue, thank you for sending me this link. I am having trouble putting the pieces together to fit my problem above. Could you perhaps explain it a little further?
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