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Intro Pfizer is expected to pay an annual dividend of $1.85 one year from now. Dividends are expected to grow by 2.4% every year and

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Intro Pfizer is expected to pay an annual dividend of $1.85 one year from now. Dividends are expected to grow by 2.4% every year and the current stock price is $225.9. The company is in the process of issuing new common stock, with flotation costs of $2.6 per share. Part 1 |- Attempt 1/1 What is the cost of new common stock? | A+ decimals Save

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