Question
Pathos Co.'s common stock is currently selling for $24.26. Dividends paid last year were $0.80. Flotation costs on issuing stock will be 12 percent of
Pathos Co.'s common stock is currently selling for $24.26. Dividends paid last year were $0.80. Flotation costs on issuing stock will be 12 percent of market price. The dividends and earnings per share are projected to have an annual growth rate of 12 percent. What is the cost of internal common equity for Pathos?
The cost of internal common equity for Pathos is......%
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The Crowdfunding Handbook Raise Money For Your Small Business Or Start Up With Equity Funding Portals
Authors: Cliff Ennico
1st Edition
081443360X, 978-0814433607
