Business, 22.11.2019 21:31 taraiahwilliams2052

What would be the cost of new common stock equity for tangshan mining if the firm just paid a dividend of $4.25, the stock price is $55.00, dividends are expected to grow at 8.5 percent indefinitely, and flotation costs are $6.25 per share?
a)16.88%
b) 9.46%
c) 17.96%
d) none of the above

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What would be the cost of new common stock equity for tangshan mining if the firm just paid a divide...

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