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2. martin corporation's common stock sells for $55 per share. the current dividend is $2.75 per share; dividends are expected to grow at 5.00 percent

2. martin corporation's common stock sells for $55 per share. the current dividend is $2.75 per share; dividends are expected to grow at 5.00 percent per year indefinitely. the floatation cost of new common stock is 20.00 percent. what is the firm's cost retained earnings?

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