Question: Question 8 10 points Save As. Saccar Inc expects to pay a dividend of $4.85 per share in one year. The current price of Saccar

Question 8 10 points Save As. Saccar Inc expects to pay a dividend of $4.85 per share in one year. The current price of Saccar common stock is $43 23 per share. Flotation costs are $336 per share when the corporation is new stock What is the cost of internal common equity (retained earings the long-term growth in dividends is projected to be 8 percent indefinitely? Submit your answer as a percentage and round to two decimal places (Ex. 0.00%)

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