[Solved] How do you find cost of external equity (

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How do you find cost of external equity (new common stock issuance)? Common stock sold for $56 current dividend of $0.20 per share plus earning

How do you find cost of external equity (new common stock issuance)?

Common stock sold for $56

current dividend of $0.20 per share

plus earning and dividends can be expected to grow at 10.00% rate in the future.

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