Here information about the common equity of Funtastic Furniture Company is as follows: Current retail price $

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Here information about the common equity of Funtastic Furniture Company is as follows:

Current retail price $ 68.00

Constant growth rate 8.0 %

Most recent dividend paid , D0 $ 3.50

Flotation costs 10.0%

marginal tax rate 40.0 %

What is the cost of new equity Funtastic ?

13.6%

14.2%

15.8%

13.9%

Posted Date: Jun 25, 2024 04:28 PM

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Here information about the common equity of Funtastic Furniture Company is as follows: Current retail price $

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