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Your company's stock sells for $32 per share, the next dividend (D1) will be $1.8, its growth rate is a constant 6 percent, and the
Your company's stock sells for $32 per share, the next dividend (D1) will be $1.8, its growth rate is a constant 6 percent, and the company will incur a flotation cost of 14 percent if it sells new common stock. What is the firm's cost of new equity, re? 12.54% 11.5495 10.54% 13.54% 14.54%
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