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A firm's stock is selling for $80. The next annual dividend is expected to be $3.00. The growth rate is 13%. The flotation cost is
A firm's stock is selling for $80. The next annual dividend is expected to be $3.00. The growth rate is 13%. The flotation cost is $4. What is the cost of retained earnings? (Round your answer to 2 decimal places.) Multiple Choice 14 60% 15.40' 16259 18.20 A bond pays 7% annual interest in semi-annual payments for 10 years. The current yield on similar bonds is 9%. To determine the market value of this bond, you must Multiple Choice find the interest factors (IFs) for 20 periods at 3.5% find the interest factors (IFs) for 10 periods at 7% find the interest factors (1Fs) for 10 periods at 9% find the interest factors (Fs) for 20 periods at 45%
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