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Question 7 5 pts Weaver Brothers expects to earn $ 3 . 5 0 per share ( E 1 ) , and has an expected
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Weaver Brothers expects to earn $ per share and has an expected dividend payout ratio of Its expected constant dividend growth rate is and its common stock currently sells for $ per share. New stock can be sold to the public at the current price, but a flotation cost of would be incurred. What would be the cost of equity from new common stock?
Your answer should be between and rounded to decimal places, with no special characters.
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