MAX plans to issue common stock to the public at $80. The last paid dividend was $3

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MAX plans to issue common stock to the public at $80. The last paid dividend was $3 per share (D0=$3). Dividend growth rate is 5%. If floatation cost of the stock issuance is 10%, what's the net proceed of the stock issue? What's cost of external equity?

Posted Date: May 11, 2024 05:08 AM

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MAX plans to issue common stock to the public at $80. The last paid dividend was $3

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