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Select from the drop down! Alpha Moose Transporters has a current stock price of $22.35 per share, and is expected to pay a per-share dividend

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Alpha Moose Transporters has a current stock price of $22.35 per share, and is expected to pay a per-share dividend of $2.03 at the end of the year. The company's earnings' and dividends' growth rate are expected to grow at the constant rate of 5.20% into the foreseeable future. If Alpha Moose expects to incur flotation costs of 6.50% of the value of its newly-raised equity funds, then the flotation-adjusted (net) cost of its new common stock (rounded to two decimal places) should be White Lion Homebuilders Co.'s addition to e 14.91% this year is expected to be $857,000. Its target capital structure consists of 50% debt, 5% preferred, and 45% equity. Determine Whit 11.93% lebuilders's retained earnings breakpoint

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