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What is the cost of new common stock for Lunar Global Holdings, Inc. if the firm just paid a dividend of $4.25, the stock price
What is the cost of new common stock for Lunar Global Holdings, Inc. if the firm just paid a dividend of $4.25, the stock price is $55, earnings and dividends have grown at a 4 percent rate over the recent past and are expected to grow at a rate of 8 percent over the foreseeable future. The floatation costs are $6.50 per share and the corporate tax rate is 25 percent
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