Question
The Evanec Company's next expected dividend is $2.72; its growth rate is 6.93%; its common stock now sells for $36.58. There is a 7.13% investment
The Evanec Company's next expected dividend is $2.72; its growth rate is 6.93%; its common stock now sells for $36.58. There is a 7.13% investment banking fees associated with issuing new stocks, called Flotation Cost, for every share the company sells. What is Evanec's cost of new common equity, re?
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Money Talks Explaining How Money Really Works
Authors: Nina Bandelj ,Frederick F. Wherry ,Viviana A. Zelizer
1st Edition
0691202893, 978-0691202891
