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This is the whole question. I don't have any other information to give. reduced so it may not meet the firm's hurdle rate for acceptance
This is the whole question. I don't have any other information to give.
reduced so it may not meet the firm's hurdle rate for acceptance of the project. The second approach involves adjusting the cost of common equity as follows: Cost of equity from new stock =re=P0(1F)D1+g The difference between the flotation-adjusted cost of equity and the cost of equity calculated without the flotation adjustment represents the flotation cost adjustment. Do not round intermediate calculations. Round your answer to two decimal places. % %Step by Step Solution
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