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4-Need expert to help solve these problem. please need your answer be specific and clear. The statement filed with the SEC that contains the required
4-Need expert to help solve these problem. please need your answer be specific and clear.
The statement filed with the SEC that contains the required information concerning a firm's public offering is called a: a. prospectus b. red herring c. security agreement d. comment letter e. registration statement Last week, Baxter Industries paid their annual dividend of $1.34 on their common stock. The company predicts that the dividend will increase by 3.5 percent each year indefinitely. What is the firm's cost of equity if the stock is selling for $43 a share? a. 4.89% b. 6.62% c. 6.73% d. 7.12% e. 7.38% Blakeslee Machinery announced this morning that their next annual dividend will be increased to $2.10 a share and that future dividends will be lowered by 2 percent per year. The stock price after the announcement settled at $16 a share. What is the firm's cost of equity? a. .33% b. 9.33% c. 11.13% d. 13.33% e. 15.13%Step by Step Solution
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