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Yahoo Corporation plans to issue new common stock to finance new project. The corporation distributed before an annual dividend on common stock $2.5. The dividends
Yahoo Corporation plans to issue new common stock to finance new project. The corporation distributed before an annual dividend on common stock $2.5. The dividends on the common stock expected to grow at 6% for ever, while the price of the stock is $30, the flotation cost is $1.50. Required: (6 marks) - Determine the cost of the new common stock will cost Yahoo Corporation
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