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Anesu Inc's stock currently sells for 693/share, they recently paid a dividend of 2.00$/share. Analysts predict the company will grow at a constant rate of
Anesu Inc's stock currently sells for 693/share, they recently paid a dividend of 2.00$/share. Analysts predict the company will grow at a constant rate of 6 percent per year. Anesu Inc wants to offer new stock, this will incur a Flotation Cost of 19 percent. What is the company's required rate of return? a. 6.03% b. 9.58% C. 9.79% d. 8.09% e. 9.07%
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