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borteleto borteleto
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The common stock for El Viss Company currently sells for $20 per share. The firm just paid a dividend of $1.50, and the dividend three years ago was $1.30. Dividends per share are anticipated to grow at the same rate in the future as they have over the past three years. Flotation costs for new shares will be 6% of the selling price. Calculate the following:
a.the cost of retained earnings
b.the cost of external equity capital
Textbook 
Foundations of Finance

Foundations of Finance


Edition: 9th
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Marc18Marc18
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