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DEF Inc. is expected to pay a dividend of $2.68 in the next year.. The dividend are expected to grow at 6% indefinitely. The Company'
DEF Inc. is expected to pay a dividend of $2.68 in the next year.. The dividend are expected to grow at 6% indefinitely. The Company' wants to issue new stock at$39. The cost of issue will be $ 4 . What is the cost of this new equity? Put the answer as Whole %. Foe example if the answer is 17.54%, Enter 17.54
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