Question
if the dividend just paid on a share of common stock is $3.16 per share, and the price of the stock is $57, the growth
if the dividend just paid on a share of common stock is $3.16 per share, and the price of the stock is $57, the growth rate is projected as 4.49%, and the underwriting fee is 4% of the stock price, calculate the cost of new equity.
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Introduction To Finance Markets Investments And Financial Management
Authors: Ronald W. Melicher, Edgar A. Norton
14th Edition
0470561076, 9780470561072
