Question
Fird Inc. dividends during the last years were $1.00 in 2017, $1.06 in 2018, $1.12 in 2019 and $1.19 in 2020. The company will issue
Fird Inc. dividends during the last years were $1.00 in 2017, $1.06 in 2018, $1.12 in 2019 and $1.19 in 2020. The company will issue new stocks at $65 with flotation costs of 2%. What will be the cost of the new equity in 2021?
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Strategies For Monetary Policy
Authors: John H. Cochrane, John B. Taylor
1st Edition
0817923748, 978-0817923747
