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Business, 06.05.2021 20:10 reggie36151

A firm's common stock currently sells for $30.00 per share and last year's dividend was $.90. This dividend is expected to grow by 10% annually. If new common stock is issued, the firm will pay $1.80 per share in floatation costs. What is the firm's cost of capital for new common stock

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A firm's common stock currently sells for $30.00 per share and last year's dividend was $.90. This d...
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