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(kelated to Checkpoint 14.2) (Cost of common equity) Salhe Corporation is issuing new common stock at a market price of $26.67 Dividends last year were
(kelated to Checkpoint 14.2) (Cost of common equity) Salhe Corporation is issuing new common stock at a market price of $26.67 Dividends last year were $1.45 and are coppected to grow at an annuat rate of 65 percent forever What ls Salto's cost of common equity? The company's cost of common equily is (Round to two decimal places)
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