St Hubbins Roasters has a target D/E Ratio of 0.5. They need a new warehouse facility. Particulars follow - Construction Cost : $447,000 Flotation Cost of Equity : 5.5% Flotation Cost of Debt: 2.2% What (approximate) total figure should St. Hubbins use for the initial investment in this project? $447,000 $467,600 $454,012 $522,021