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Issue new common stock with the following information: a. Par Value per share: $50 b. Issue price per share: $48.50 c. Flotation Costs per share:

Issue new common stock with the following information:

a. Par Value per share: $50

b. Issue price per share: $48.50

c. Flotation Costs per share: $2.50

d. Next Years expected dividend per share: $5.00

e. Dividend Constant Growth Rate: 3%

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