A company issues a common stock to the public for 3500 the, Financial Management

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A company issues a common stock to the public for 3500 the

A company issues a common stock to the public for $35.00. The expected dividend and growth in dividends are $2.08 per share and 6.60%, respectively. If the flotation cost is 13.60% of the issue's gross proceeds, what is the cost of external equity, re? Please show work

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Financial Management: A company issues a common stock to the public for 3500 the

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Financial Management: A company issues a common stock to the public for 3500 the

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