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Mississippi Mud Products would like to issue new equity shares if its cost of equity declines to 9.5 percent. The company pays a constant annual

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Mississippi Mud Products would like to issue new equity shares if its cost of equity declines to 9.5 percent. The company pays a constant annual dividend of $4.80 per share. What does the market price of the stock need to be for the firm to issue the new shares? Multiple Choice 0 $49.33 0 $48.83 0 $50.53 0 $51.63 $52.13

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