a new common stock issue that paid a 176 dividend, Corporate Finance

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a new common stock issue that paid a 176 dividend

A new common stock issue that paid a $1.76 dividend last year. The firm's dividends are expected to continue to grow at 6.7% per year forever. The price of the firm's common stock is now $27.36.

The cost of capital from the common equity is%(round to two decimal places).

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Corporate Finance: a new common stock issue that paid a 176 dividend

Reference No:- TGS0502011

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Corporate Finance: a new common stock issue that paid a 176 dividend

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