Question
X Corp paid dividends to OS last year by 2.20 per share. The current market price of Ordinary Shares is 40 per share and investors
- X Corp paid dividends to OS last year by 2.20 per share. The current market price of Ordinary Shares is 40 per share and investors expect that dividend to grow by 6% by next year. Cost to issue Ordinary Shares is 5% of market value.
- What is the cost of new common stock?
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Using Financial Accounting Information The Alternative to Debits and Credits
Authors: Gary A. Porter, Curtis L. Norton
7th Edition
978-0-538-4527, 0-538-45274-9, 978-1133161646
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