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Suppo! Company XYZ plans to issue new.common stock. They expects to issue a dividend of 52.21 on this common stock at the end of the

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Suppo! Company XYZ plans to issue new.common stock. They expects to issue a dividend of 52.21 on this common stock at the end of the year. The company anticipates that these dividends will continue to grow at a constant rate of 3.9 each year indefinitely. The company's plans to issue this common stock at a price of 353.35. The stock will be issued with a flotation cost of 2. What is this company's cost of extemat equity Enter your answer as a decimal with a leading sero and a decimal places of precision te. 0.1234

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