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Calculate the cost of new common equity financing of stock R using Gordon Model Round the answers to two decimal places in percentage form. Last

Calculate the cost of new common equity financing of stock R using Gordon Model

Round the answers to two decimal places in percentage form.

Last Year Dividend: $1.35

Growth Rate of Dividends: 8%

Selling Price of Stock: $45.17

Floatation Costs: $3.19

Cost of Common Equity: ??

??: Stock Q

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