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Business, 18.12.2019 01:31 Hannahk18

Eaver chocolate co. expects to earn $3.50 per share during the current year, its expecteddividend payout ratio is 65%, its expected constant dividend growth rate is 6.0%, and its common stock currently sellsfor $32.50 per share. new stock can be sold to the public at the current price, but a flotation cost of 5% would be incurred. what would be the cost of equity from new common stock

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