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Manning co has a current stock price of 3335 and is

Manning Co. has a current stock price of $33.35 and is expected to pay a dividend of $2.45 at the end of next year. The company's growth rate is expected to remain constant at 9.4%. If flotation costs represent 6.0% of funds raised, what is the flotation-adjusted cost of new common stock?

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Business Management: Manning co has a current stock price of 3335 and is

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Business Management: Manning co has a current stock price of 3335 and is

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