Question
Last year the Black Water Inc. paid dividends $2.87. Company's dividends are expected to grow at an annual rate of 2% forever. The comapny's common
Last year the Black Water Inc. paid dividends $2.87. Company's dividends are expected to grow at an annual rate of 2% forever. The comapny's common stock is currently selling on the market for 70.26.
The investments banker will charge flotation costs 2.56 per share. Calculate the cost of common equity financing using Gordon Model
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Financial Management For Public Health And Not For Profit Organizations
Authors: Steven A. Finkler
2nd Edition
0131471988, 978-0131471986
