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Ezekiel Inc.'s next expected dividend is $1.85 per share. The growth rate of its dividends is expected to be 4.0% and its common stock is

Ezekiel Inc.'s next expected dividend is $1.85 per share. The growth rate of its dividends is expected to be 4.0% and its common stock is currently trading at $65.00 per share. The company thinks it can net $60.45 per share after flotation costs if it sells new shares of stock. What is the company's percentage flotation costs, F?

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