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ric inc's common stock is currently selling for $22 per share. Its present dividend is $1.96 a share and the expected long-term dividend growth rate
ric inc's common stock is currently selling for $22 per share. Its present dividend is $1.96 a share and the expected long-term dividend growth rate is 8.5%. What is the cost of external equity for ric inc. assuming an issuance cost of $2.00 per share?
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