The firm expects constant growth of 773 and floatation
The firm's stock price is currently selling for $10 and will pay a dividend of $2 next year. The firm expects constant growth of 7.73% and floatation costs associated with the new equity issue of 20%. What is the cost of new equity?
Now Priced at $10 (50% Discount)
Recommended (90%)
Rated (4.3/5)
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