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Jiffy Co . expects to pay a dividend of $ 3 . 2 8 per share in one year. The current price of Jiffy common
Jiffy Co expects to pay a dividend of $ per share in one year. The current price of Jiffy common stock is $ per share. Flotation costs are $ per share when Jiffy issues new stock. What is the cost of internal common equity retained earnings if the longterm growth in dividends is projected to be percent indefinitely? Submit your answer as a percentage and round to two decimal places Ex
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