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Axon Industries needs to raise $1,000,000 USDs for a new investment project

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Axon Industries needs to raise $1,000,000 USDs for a new investment project. lfthe firm issues 1-year debt, it may have to pay an interest rate of 9%, although Axon's managers believe that 6.5% would be a fair rate given the level of risk. If the firm issues equity, they believe the equity may be underpriced by 9%.What is the cost (in USDs) to current shareholders of financing the project out of retained earnings? Note: Express your answers in strictly numerical terms. For example, lfthe answer is $500, enter 500 as an answer." QUESTION 6 "Axon Industries needs to raise $1,000,000 USDs for a new investment project. lfthe firm issues 1-year debt, it may have to pay an interest rate of 9%, although Axon's managers believe that 6.5% would be a fair rate given the level of risk. If the firm issues equity, they believe the equity may be underpriced by 9%.What is the cost [in USDs) to current shareholders of financing the project out ofdebt? Note: Express your answers in strictly numerical terms. For example, if the answer is $500, enter 500 as an answer." QUESTION 7 "Axon Industries needs to raise $1,000,000 USDs for a new investment project. lfthe firm issues 1-year debt, it may have to pay an interest rate of 9%, although Axon's managers believe that 6.5% would be a fair rate given the level of risk. If the firm issues equity, they believe the equity may be underpriced by 9%.What is the cost (in USDs) to current shareholders of financing the project out ofequity? Note: Express your answers in strictly numerical terms. For example, if the answer is $500, enter 500 as an answer."