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Calculate the cost of issuing new equity for a firm, assuming issue costs are 6 percent of the share price after taxes, market price per
Calculate the cost of issuing new equity for a firm, assuming issue costs are 6 percent of the share price after taxes, market price per share - $52; current dividend - $3.45; and the constant growth rate in dividends is 4 percent. (Round answer to 2 decimal places, es 1575%) Cost of new issue %6
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