Salte corporation is issuing new common stock ata a market, Financial Management

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Salte corporation is issuing new common stock ata a market

Salte Corporation is issuing new common stock ata a market price of $28. Dividends last year were $1.35 and are expected to grow at an annual rate of 12 percent Flotation costs will be 11 percent of market price.

What is the company's cost of equity?

Cost of external common equity?

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Financial Management: Salte corporation is issuing new common stock ata a market

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Financial Management: Salte corporation is issuing new common stock ata a market

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