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Expected cash dividends are $4.50, the dividend yield is 8%, flotation costs are 5%, and the growth rate is 4%. Compute cost of the new

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Expected cash dividends are $4.50, the dividend yield is 8%, flotation costs are 5%, and the growth rate is 4%. Compute cost of the new common stock. Multiple Choice 4.21% 13.00% 8.42% 12.63%

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