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2. Susmita Enterprise is willing to sell its common stock at the market at a rate of $100 per share. However, there are quite a
2. Susmita Enterprise is willing to sell its common stock at the market at a rate of $100 per share. However, there are quite a few players in the stock at $90. They had to incur additional $20 as Selling and Administrative market which are providing better facilities, hence they have to sell their expenses. Now, the company has declared a dividend of $10 per share which is expected to grow by 5%. Find out the cost of common stock equity from the given information
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