Sun Instruments expects to issue new stock at $ 3 4 a share with estimated flotation costs

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Question:

Sun Instruments expects to issue new stock at $

34

a share with estimated flotation costs of

5

percent of the market price. The company currently pays a $

1.70

cash dividend and has a

5

percent growth rate. What are the costs of retained earnings and new common stock? Round your answers to two decimal places.

Posted Date: May 19, 2024 02:11 AM

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Sun Instruments expects to issue new stock at $ 3 4 a share with estimated flotation costs

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