Question
The common stock of UBees.com is currently sold at $24.23 per share, and it just a dividend of $1.30 last year. The flotation costs on
The common stock of UBees.com is currently sold at $24.23 per share, and it just a dividend of $1.30 last year. The flotation costs on issuing new stock is estimated to be 9% of the market price. The dividends and earnings are projected to grow at 7% annually. What is UBees.com's cost of internal common equity?
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Real Estate Finance Theory And Practice
Authors: Terrence M. Clauretie, G. Stacy Sirmans
5th Edition
0324305508, 9780324305500
