Compute cost of new common
Expected cash dividends are $4.00, the dividend yield is 8%, flotation costs are 8% of price, and the growth rate is 4%. Compute cost of new common stock. (Do not round intermediate calculations. Round your answer to 2 decimal places.)
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expected cash dividends are 400 the dividend yield is 8 flotation costs are 8 of price and the growth rate is 4 compute
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