Question: Question 14 (3 points) Conner Corporation has a common stock price of $30 per share today. The last dividend per share was $3 (D. =
Question 14 (3 points) Conner Corporation has a common stock price of $30 per share today. The last dividend per share was $3 (D. = 53). The long-run growth rate for the company is a constant 5%. If the company issues the new common stock, the net price received by the company is $27.6 per share. What are the company's dividend yield (DY), capital gains yield (CGY), and the percentage flotation cost required to sell the new common stock (F)? a b DY - 10.5%; CGY - 59; F = 4% DY-59; CGY - 10%; F = 896 DY - 10%; CGY - 8%; F = 5% DY - 10.5%; CGY-5; F = 8% Od
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