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1. Hillside common stock market value is $44. If the company issues new stock a $4.00 flotation costs will be paid. Last year dividend was
1. Hillside common stock market value is $44. If the company issues new stock a $4.00 flotation costs will be paid. Last year dividend was $2.00. Dividends growth rate is 9%. Compute the cost of new equity
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14.45%
5.00%
15.00%
15.50%
10%
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