Fird Inc. dividends during the last years were $1.00 in 2017, $1.08 in 2018, $1.17 in...
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Fird Inc. dividends during the last years were $1.00 in 2017, $1.08 in 2018, $1.17 in 2019 and $1.26 in 2020. The company will issue new stocks at $50 with flotation costs of 6%. What will be the cost of the new equity in 2021? PRESENT YOUR ANSWER AS PERCENTAGE ROUNDED TO ZERO DECIMAL PLACES. DON'T USE THE PERCENTAGE SYMBOL. EX IF YOUR ANSWER IS 40% JUST WRITE 40 Respuesta Fird Inc. dividends during the last years were $1.00 in 2017, $1.08 in 2018, $1.17 in 2019 and $1.26 in 2020. The company will issue new stocks at $50 with flotation costs of 6%. What will be the cost of the new equity in 2021? PRESENT YOUR ANSWER AS PERCENTAGE ROUNDED TO ZERO DECIMAL PLACES. DON'T USE THE PERCENTAGE SYMBOL. EX IF YOUR ANSWER IS 40% JUST WRITE 40 Respuesta
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Answer rating: 100% (QA)
The cost of the new equity will include the issue price per stock and the flotation costs Heres ... View the full answer
Related Book For
Financial Management Theory and Practice
ISBN: 978-0176517304
2nd Canadian edition
Authors: Eugene Brigham, Michael Ehrhardt, Jerome Gessaroli, Richard Nason
Posted Date:
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