Calculate the cost of new common equity financing of stock Q using Gordon Model Round the answers

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Calculate the cost of new common equity financing of stock Q using Gordon Model

Round the answers to two decimal places in percentage form.

Under Stock Q:

Last Year Dividend: $2.45

Growth Rate of Dividends: 5%

Selling Price of Stock: $77.38

Floatation Costs: $4.25

Cost of Common Equity: ?

Posted Date: May 19, 2024 05:08 AM

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Calculate the cost of new common equity financing of stock Q using Gordon Model Round the answers

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