Cost of haroldson retained earnings, Finance Basics

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Cost of haroldson retained earnings

Problem:

Haroldson Inc. common stock is selling for $22 per share. The last dividend was $1.20, and dividends are expected to grow at a 6% annual rate. Flotation costs on new stock sales are 5% of the selling price.

Required:

Question: What is the cost of Haroldson's retained earnings?

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Finance Basics: Cost of haroldson retained earnings

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Finance Basics: Cost of haroldson retained earnings

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