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If the dividend to be paid on a share of common stock is $3 per share at ty, and the price of the stock is

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If the dividend to be paid on a share of common stock is $3 per share at ty, and the price of the stock is $49, the growth rate of Dividend is projected as 6%, and the underwriting fee is 5% of the stock price. Calculate the cost of new equity. Put the answer as a percentage up to 2 decimals. For example if the answer is 10.45%, enter 10.45 If a firm has a $18,787 limit before AT ka will change, taxes are 30% and total debt is 25% of the capital structure, calculate the debt break point in the MCC schedule

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