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Calculate the cost of new common equity financing of stock Q using Gordon Model Round the answers to two decimal places in percentage form (Write
Calculate the cost of new common equity financing of stock Q using Gordon Model
Round the answers to two decimal places in percentage form(Write the percentage sign in the "units" box)
Last Year Dividend | Growth Rate of Dividends | Selling Price of Stock | Floatation Costs | Cost of Common Equity | |
Stock Q | $1.62 | 1% | $57.64 | $4.69 | ? |
Please provide steps to calculate
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