Expected cash dividends are $3.00, the dividend yield is 5%, flotation costs are 8% of price, and

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Expected cash dividends are $3.00, the dividend yield is 5%, flotation costs are 8% of price, and the growth rate is 4%. Compute cost of new common stock?

A. 11.53

B. 10.43

C. 9.18

D. 9.43

Posted Date: May 20, 2024 02:08 AM

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Expected cash dividends are $3.00, the dividend yield is 5%, flotation costs are 8% of price, and

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