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1. Assume that the cement firm issued 300,000 common stocks and collected from that 6,750,000 and the flotation cost for each stock 5$, the dividend

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1. Assume that the cement firm issued 300,000 common stocks and collected from that 6,750,000 and the flotation cost for each stock 5$, the dividend for each stock was 6$, retain earning value is 1,480,000, and growth rate 2%. So the cost of retain earning is:(c1)* (1 Point) 31% 29% 36% 26%

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