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Ellington Electronics wants you to calculate its cost of common stock During the next 12 months, the com expects to pay dividends () of $170
Ellington Electronics wants you to calculate its cost of common stock During the next 12 months, the com expects to pay dividends () of $170 per share, and the current price of its common stock i 534 pohon. The expected growth rate is 8 percent. (Do not round Intermediate calculations. Round the inners 2 decim places.) a. Compute the cost of retained earnings (ko). Cost of retained earnings % b. If a $2.0 flotation cost is involved, compute the cost of new common stock Cost of new common stock %
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