Question
The Cost of Equity and Flotation Costs Messman Manufacturing will issue common stock to the public for $40. The expected dividend and the growth in
The Cost of Equity and Flotation Costs
Messman Manufacturing will issue common stock to the public for $40. The expected dividend and the growth in dividends are $4.00 per share and 5%, respectively. If the flotation cost is 12% of the issue's gross proceeds, what is the cost of external equity, re? Round your answer to two decimal places.
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The Crowdfunding Handbook Raise Money For Your Small Business Or Start Up With Equity Funding Portals
Authors: Cliff Ennico
1st Edition
081443360X, 978-0814433607
