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brooks corporation has an expected dividend of $1.60, a current stock price of $40 and a constant growth of 7.7%. if new common stock is

brooks corporation has an expected dividend of $1.60, a current stock price of $40 and a constant growth of 7.7%. if new common stock is issued, the company will incur floatation cost of 6%. what's the company's cost of retained earning?

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