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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
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
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13.00%
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12.63%
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8.42%
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4.21%
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