Mathematics, 05.02.2020 12:43 amandajbrewerdavis

11-8 the choi company's next expected dividend, d1, is $3.18; its growth rate is 6 percent; and its stock currently sells for $36. new stock can be sold to net the firm $32.4 per share.

a. what is choi's percentage flotation cost, f?

b. what is choi's cost of new common stock, re ?

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