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PLEASE USE EXCEL, THANK YOU 6) Find the cost of equity financing for common stock for the following information: Dividend in year 1 = $8,

image text in transcribed PLEASE USE EXCEL, THANK YOU

6) Find the cost of equity financing for common stock for the following information: Dividend in year 1 = $8, growth = 6%, floatation costs percentage of stock price = 11.4%, and the current stock price = $58

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