They expect a growth rate of 800 constant flotation costs


Question - Muller Co. just paid a dividend of $0.60 on stock that is trading at $27.50 per share. They expect a growth rate of 8.00% (constant). Flotation costs are 5%. What is the cost of common equity based on the DCF approach?

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Accounting Basics: They expect a growth rate of 800 constant flotation costs
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