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betterway betterway
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5 years ago
What would be the cost of new common stock equity for Tangshan Mining if the firm just paid a dividend of $4.25, the stock price is $55.00, dividends are expected to grow at 8.5 percent indefinitely, and flotation costs are $6.25 per share?
A) 17.22%
B) 16.88%
C) 9.46%
D) 12.57%
Textbook 

Principles of Managerial Finance


Edition: 14th
Authors:
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alovelyalovely
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5 years ago
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