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ABC company paid dividends of $3.43. Company dividends are expected to grow at an annual rate of 6%. The common stock is selling $61.08 The

ABC company paid dividends of $3.43. Company dividends are expected to grow at an annual rate of 6%. The common stock is selling $61.08

The banker will charge floatation costs of $4.47 a share. Calculate the cost of common equity financing using Gordon Model

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