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You are a finance intern at Chambers and Sons. They have asked you to help estimate the company's cost of common stock if they need

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You are a finance intern at Chambers and Sons. They have asked you to help estimate the company's cost of common stock if they need to sell new shares of common stock. You obtained the following data: D1 = $1.55; PO = $27.50; g = 5.00% (constant); and F = 6.00%. What is the cost of stock if the firm issues new common stock? 10.64% 12.84% 11.00% 10.23% 11.44%

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