Calculate the cost of new common equity financing of stock


Calculate the cost of new common equity financing of stock Q using Gordon Model. Round the answers to two decimal places in percentage form.

Stock Q

Last year Dividend $3.17

Growth Rate of Dividends 3%

Selling Price of Stock $73.80

Floatation Costs $2.17

Cost of Common Equity ?

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Calculate the cost of new common equity financing of stock
Reference No:- TGS02353979

Expected delivery within 24 Hours