Question: The Evanec Company's next expected dividend, D 1 , is $2.96; its growth rate is 7%; and its common stock now sells for $40.00. New

The Evanec Company's next expected dividend, D 1 , is $2.96; its growth rate is 7%; and its common stock now sells for $40.00. New stock (external equity) can be sold to net $34.00 per share. What is ...

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