Question
( Cost of equity )Brille Corporation is issuing new common stock at a market price of $31 Dividends last year were $ 1.65 and are
(Cost of equity)Brille Corporation is issuing new common stock at a market price of $31 Dividends last year were $ 1.65 and are expected to grow at an annual rate of 9 percent forever. Flotation costs will be 7percent of market price. What is Brille's cost of equity?
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Health Care Finance Basic Tools For Nonfinancial Managers
Authors: Judith J. Baker, R.W. Baker, Neil R. Dworkin
5th Edition
1284118215, 978-1284118216
