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earn on its project (net of its rotation costs) is 19.83% ( rounded to two dermal paces. ) White Lion Homebuilders has a current stock

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earn on its project (net of its rotation costs) is 19.83% ( rounded to two dermal paces. ) White Lion Homebuilders has a current stock price of $33.35 per share, and is expected to pay a per-share dividend of $1.36 at the end of next year. The company's earnings' and dividends' growth rate are expected to grow at the constant rate of 5.20% into the foreseeable future. If White Lion expects to iar fotat vaiue of its newly-raised equity funds, then the flotation-adjusted (net) cost of its new common stock (rounded to two decimal places) should be ion costs or 5.00% of the Suny Day Manufacturing Company Co.'s addition to earnings for this year is expected to be $857,000. Its target capital structure consists of 50% debt, 5% preferred, and 45% equity. Determine Sunny Day Manufacturing Company's retained earnings breakpoint: $1,904,444 O $2,285,333 O $2,190,111 $1,809,222 O Type here to search DELL F3 FS 4 5 A S D F GHJ

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