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EEL Company common stock is selling at P62.50/share while flotation cost of P5/share. The current dividend per share is P5.42/share. Growth rate projected at 5%.
EEL Company common stock is selling at P62.50/share while flotation cost of P5/share. The current dividend per share is P5.42/share. Growth rate projected at 5%.
Compute for the:
A. cost of common stock and
B. retained earnings.
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Payroll Accounting 20
Authors: Bernard J. Bieg, Judith A. Toland
26th Edition
1337268798, 9781337268790
