Question: You have until 9:00 PM to complete this assignment. Intro Pfizer is expected to pay an annual dividend of $1.85 one year from now. Dividends

You have until 9:00 PM to complete this assignment. Intro Pfizer is expected to pay an annual dividend of $1.85 one year from now. Dividends are expected to grow by 3.1% every year and the current stock price is $258.5. The company is in the process of issuing new common stock, with flotation costs of $3 per share. art 1 Attempt 1/1 What is the cost of new common stock

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