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Peach common stock market value is $52. If the company issues new stock a $4.00 flotation costs will be paid. Next year dividend is expected
Peach common stock market value is $52. If the company issues new stock a $4.00 flotation costs will be paid. Next year dividend is expected to be $2.35. Dividends growth rate is 10%. Compute the cost of retained earnings
Select one:
15.62%
14.52%
15.50%
15.00%
15.17%
14.70%
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