Mathematics, 28.11.2019 04:31 Finessethenemy
Sentry manufacturing paid a dividend yesterday of $5 per share (d0 = $5). the dividend is expected to grow at a constant rate of 8% per year. the price of sentry manufacturing's stock today is $29 per share. if sentry manufacturing decides to issue new common stock, flotation costs will equal $2.50 per share. sentry manufacturing's marginal tax rate is 35%. based on the above information, the cost of new common stock is:
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Sentry manufacturing paid a dividend yesterday of $5 per share (d0 = $5). the dividend is expected t...
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