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Hillside common stock market value is $50. If the company issues new stock a flotation costs of 5% of market value will be paid. Last
Hillside common stock market value is $50. If the company issues new stock a flotation costs of 5% of market value will be paid. Last year dividend was $2.50. Dividends growth rate is 6%. Compute the cost of new equity
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10.25%
11%
10.71%
11.58%
6.00%
10.53%
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