Question: Quantitative Problemt Barton fndustries expects next vear's annual dividend, O1, to be $2.40 and it expects dividends to grow ot a constant rate g=4.1%. The
Quantitative Problemt Barton fndustries expects next vear's annual dividend, O1, to be $2.40 and it expects dividends to grow ot a constant rate g=4.1%. The firm's current common stock price, Po, is $25.00. If it needs to issue new common stock, the firm will encounter a 4.1s fotation cost, F What is the flotation cost adjustraent that must be addec to its cost of retained earnings? 00 not round intermediate calculations. Round your answer to two decimal places. What is the cost of new common equity considering the estimate msde from the three estimation methodologies? Do not round intermediate calculations. Mound your answer to two decimal places. %
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