Question
eBook Problem 21-02 Sun Instruments expects to issue new stock at $34 a share with estimated flotation costs of 9 percent of the market price.
| eBook Problem 21-02 Sun Instruments expects to issue new stock at $34 a share with estimated flotation costs of 9 percent of the market price. The company currently pays a $2.20 cash dividend and has a 8 percent growth rate. What are the costs of retained earnings and new common stock? Round your answers to two decimal places. Costs of retained earnings: % Cost of new common stock: % |
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Sustainable And Responsible Investment In Developing Markets A Companion
Authors: Joshua Y.Abor
1st Edition
1803927054,1803927062
