What is evanec''s percentage flotation cost, f


The Evanec Company's next expected dividend, D1, is $3.18; its growth rate is 6%; and its common stock now sells for $36.00. New stock can be sold to net $32.40 per share. What is Evanec's percentage flotation cost, F?

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Accounting Basics: What is evanec''s percentage flotation cost, f
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