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30) MNC Inc. is considering selling more common stocks if the cost of the new equity shares is 9.5%. This firm pays a constant dividend

30) MNC Inc. is considering selling more common stocks if the cost of the new equity shares is 9.5%. This firm pays a constant dividend of $4.80 per share per year. Compute the stock price that associates with this 9.5% cost of new equity. A) $49.33

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