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question 13 Blue Sky Corporation common stock currently sells for $42 per share. The firm recently paid a dividend of $4.12 per share. Analysts have

question 13
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Blue Sky Corporation common stock currently sells for $42 per share. The firm recently paid a dividend of $4.12 per share. Analysts have forecast that earnings and dividends will grow at an average annual rate of 6% per year. Flotation costs for new external equity are $4.50 per share. What is the company's cost of external equity? O 12.84% O 16.40% O 20.82% O 15.61% O 17.65%

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