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Flotation costs on new stock sales are 5 of the selling

Haroldson inc common stock is selling for $22 per share. the last dividend was $1.20 dividends are expected to grow at a 6% annual rate. Flotation costs on new stock sales are 5% of the selling price. What is the cost of haroldson inc's new common stock?

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Finance Basics: Flotation costs on new stock sales are 5 of the selling

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