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please answer fast! A company just paid a $3.5 per share dividend on its common stock (DO=$3.5). The dividend is expected to grow at a
please answer fast! 
A company just paid a $3.5 per share dividend on its common stock (DO=$3.5). The dividend is expected to grow at a constant rate of 1 percent per year. The stock currently sells for $41 a share. If the company issues additional stock, it must pay its investment banker a flotation cost of $1 per share. What is the cost of external equity, re? 9.62% 9.84% 10.42% 10.02% 10.24% Step by Step Solution
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Climate Finance Theory And Practice
Authors: Anil Markandya, Ibon Galarraga, Dirk Rübbelke
1st Edition
9814641804, 978-9814641807
