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ABC common stock is selling for $43.00 per share. The last dividend was 2.65), and dividends are expected to grow at a annual 6% rate.
ABC common stock is selling for $43.00 per share. The last dividend was 2.65), and dividends are expected to grow at a annual 6% rate. Flotation costs on new stock sales are 5% of the selling price. What is the cost of ABCs new common stock?
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