Question
Kovach Lumber Company hired you to help estimate its cost of capital. You were provided with the following data: D1 = $1.50; P0 = $26.00;
Kovach Lumber Company hired you to help estimate its cost of capital. You were provided with the following data: D1 = $1.50; P0 = $26.00; g = 9.00% (constant); and F = 3.00%. What is the cost of equity raised by selling new common stock?
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Entrepreneurial Finance Strategy, Valuation, And Deal Structure
Authors: Janet Smith, Richard Smith, Richard Bliss
1st Edition
0804770913, 9780804770910
