Question 2(1 point) Last year the Black Water Inc. paid dividends $2.38. Company's dividends are expected to

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Question 2(1 point)

Last year the Black Water Inc. paid dividends $2.38. Company's dividends are expected to grow at an annual rate of 5% forever. The company's common stock is currently selling on the market for $81.66. The investments banker will charge flotation costs $3.26 per share. Calculate the cost of common equity financing using Gordon Model.

Round the answers to two decimal places in percentage form.(Write the percentage sign in the "units" box).

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Posted Date: May 19, 2024 04:13 AM

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Question 2(1 point) Last year the Black Water Inc. paid dividends $2.38. Company's dividends are expected to

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