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Can anybody help? Question 1 1 pts Glenna Gayle common stock sells for $60, and dividends paid last year were $2.35. Flotation costs on issuing
Can anybody help?
Question 1 1 pts Glenna Gayle common stock sells for $60, and dividends paid last year were $2.35. Flotation costs on issuing stock will be 5% of the market price. The dividends are predicted to have a 10% growth rate. What is the cost of internal equity, and new equity, respectively for Glenna Gayle? Cost of internal equity =15.76% and Cost of New Equity=14.94% Cost of internal equity = 14.89% and Cost of New Equity=16.57% Cost of internal equity = 16.89% and Cost of New Equity=12.14% Cost of internal equity = 14.30% and Cost of New Equity=14.54%Step by Step Solution
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