Question
You were recently hired by Sunflower Media Inc. to estimate WACC. You obtained the following common stock data: D 1 = $1.90; P 0 =
You were recently hired by Sunflower Media Inc. to estimate WACC. You obtained the following common stock data: D1 = $1.90; P0 = $95.00; g = 7.00% (constant); Flotation costs on new common stock (F) are 5.00%. What is the cost of new common stock financing?
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Contemporary Financial Management
Authors: Don Cyr, Alfred Kahl, William Rentz, R. Moyer
1st Edition
017616992X, 978-0176169923
