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Question 3 4 pts Bouchard Company stock sells for $20 a share. Its next year dividend (D1) is $1.06, its growth rate is 6%, and

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Question 3 4 pts Bouchard Company stock sells for $20 a share. Its next year dividend (D1) is $1.06, its growth rate is 6%, and the company must pay floatation cost of $4 share (equivalent to 20% the $20 selling price). What is Bouchard's cost of issuing new common stock? O 11.00% O 14.25% O 12.63% 11.30% 11.56%

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