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borteleto borteleto
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5 years ago
Dickerson Corporation's common stock is currently selling for $38. Last year's dividend was $4.00 per share. Investors expect dividends to grow at an annual rate of 7 percent indefinitely. Flotation costs of 4% will be incurred when new stock is sold.
a.What is the cost of internal common equity?
b.What is the cost of new common equity?
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Marc18Marc18
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5 years ago
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borteleto Author
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#2
5 years ago
Such an awesome helper!
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