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10. Beta Corporation issued new common stock at a market price of 40 Lira. Dividends last year were 2 Lira and are expected to grow

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10. Beta Corporation issued new common stock at a market price of 40 Lira. Dividends last year were 2 Lira and are expected to grow at an annual rate of 4%. Flotation costs will be 1,5 TL per share. A. What is Alfa's cost of equity for the new issue? B. What is investors required rate of return? (4p) (4p)

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