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Question 6 (5 points) Tyler Inci's common stock currently sells for $105.00 per share, the company expects to earn $7,50 per share during the current

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Question 6 (5 points) Tyler Inci's common stock currently sells for $105.00 per share, the company expects to earn $7,50 per share during the current year, its expected payout ratio is 40%, and its expected constant growth rate is 2.25%. New stock can be sold to the public at the current price, but a flotation cost of 7% would be incurred. Which of the following would be closest to the difference between the cost of new stock and the cost of common stock from reinvested earnings? Hint: To help you to identify the correct choice, in your calculation, please keep at least 4 decimal places for percentage expression (such as 1.0254% ) until you get your final answer. A) 0.10% B) 0.15% C) 0.17% D) 0.22% E) 0.28%

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