Question
Caspian Sea Drinks needs to raise $25.00 million by issuing additional shares of stock. If the market estimates CSD will pay a dividend of $1.39
Caspian Sea Drinks needs to raise $25.00 million by issuing additional shares of stock. If the market estimates CSD will pay a dividend of $1.39 next year, which will grow at 3.65% forever and the cost of equity to be 12.09%, then how many shares of stock must CSD sell? Number: Round to: 0 decimal places.
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Cost Benefit Analysis
Authors: Harry F. Campbell, Richard P.C. Brown
3rd Edition
1032320753, 9781032320755
