Question
You have been provided with the following data: D 1 = $1.30; P 0 = $42.50; and g = 7.00% (constant). If your company is
You have been provided with the following data: D1 = $1.30; P0 = $42.50; and g = 7.00% (constant).
If your company is going to issue new equity, it will incur an additional 6% flotation costs what is the cost of issuing new equity?
Cost of new Equity?
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Multinational Business Finance
Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett
13th edition
132743469, 978-0132743464
