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Quantitative Problem: Barton Industries expects next year's annual dividend, Di, to be 52.50 and it expects dividends to grow at a constant rate 9 =

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Quantitative Problem: Barton Industries expects next year's annual dividend, Di, to be 52.50 and it expects dividends to grow at a constant rate 9 = 4.8%. The fim's current common stock price, Po, is $20.00. If it needs to issue new common stock, the firm will encounter a 4.6% flotation cost, F. What is the flotation cost adjustment that must be added to its cost of retained eamings? Do not round intermediate calculations. Round your answer to two decimal places. What is the cost of now common equity considering the evimate made from the three estimation methodalogies? Do not round intermediate calculations. Round your answer to two decimal places

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