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Suppose that Brown-Murphies' common shares sell for $59.50 per share, are expected to set their next around dividend at $7.50 per share, and that all
Suppose that Brown-Murphies' common shares sell for $59.50 per share, are expected to set their next around dividend at $7.50 per share, and that all future dividends are expected is grow by 12% per your, indefinitely. If Brown-Murplies faces a flotation cost of 13% on now equity issues, what will be the flotation adjusted cost of equity? 19.93% 24.25% 26.33%
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