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Using the data for a firm shown below, calculate the cost of retained earnings and the cost of new common stock using the constant growth

Using the data for a firm shown below, calculate the cost of retained earnings and the cost of new common stock using the constant growth valuation model

Current Market Price = $55.00

Dividend growth rate = 9%

projected dividend per share next year= $3.30

underpricing per share= $2.50

flotation cost per share= $2.00

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