Firm X just paid $5/share dividend. We expect the dividend to grow annually at a constant rate 3%. The current stock price is $100. If firm X issues new equity, the new shares would sell at $98/share and the firm also needs to pay investment banks $3/share flotation cost. What is the cost of retained earnings? g

Cost of Earnings = (Dividends per share for next year ÷ Current market value of the stock) + Dividend growth rate

= 8.42 %

Explanation:

See Attachment

hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi