Question
The Evanec Company's next expected dividend, D 1 , is $2.99; its growth rate is 5%; and its common stock now sells for $37.00. New
The Evanec Company's next expected dividend, D1, is $2.99; its growth rate is 5%; and its common stock now sells for $37.00. New stock (external equity) can be sold to net $35.15 per share.
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