Question
Expected cash dividends are $2.00, the dividend yield is 5%, flotation costs are 7% of price, and the growth rate is 5%. Compute cost of
Expected cash dividends are $2.00, the dividend yield is 5%, flotation costs are 7% of price, and the growth rate is 5%. Compute cost of new common stock. (Do not round intermediate calculations. Round your answer to 2 decimal places.)
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The Wealthtech Book The FinTech Handbook For Investors Entrepreneurs And Finance Visionaries
Authors: Susanne Chishti, Thomas Puschmann
1st Edition
1119362156, 978-1119362159
