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On time limit please help Martin Corporation's common stock sells for $60.00 per share. The current dividend is $2.00 per share; dividends are expected to

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On time limit please help

Martin Corporation's common stock sells for $60.00 per share. The current dividend is $2.00 per share; dividends are expected to grow at 3.50 percent per year indefinitely. The flotation cost of new common stock is 20.00 percent. What is the firm's cost of retained earnings? Your Answer: Answer units Martin Corporation's common stock sells for $60.00 per share. The current dividend is $2.25 per share; dividends are expected to grow at 3.00 percent per year indefinitely. The flotation cost of new common stock is 10.00 percent. What is the firm's cost of newly issued common shares? Your Answer: Answer units Hilliard Corp. needs to estimate its cost of capital. The company's CFO has the following information: The company's target capital structure is 25 percent debt and 75 percent equity Long-term bonds yield 9.00 percent; the cost of retained earnings is 13.00 percent, that of new common stock is 14.00 percent. The firm's tax rate is 40 percent. Since the firm expects to have no retained earnings, it plans to issue new common stock. Hilliard's weighted average cost of capital is: Your Answer: Answer units

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