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Business, 30.03.2021 04:50 kragland4752

Expected cash dividends are $4.00, the dividend yield is 8%, flotation costs are 6% of price, and the growth rate is 5%. Compute the approximate cost of new common stock. (Do not round intermediate calculations. Round your answer to 2 decimal places.)

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Expected cash dividends are $4.00, the dividend yield is 8%, flotation costs are 6% of price, and th...
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