Solved: If boers investment bankers charge a flotation cost of 007, Basic Statistics

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If boers investment bankers charge a flotation cost of 007

Boer Inc. expects to pay a dividend 0.9 in one year, it's current stock price is 35.0. and its dividend growth rate is 0.10. If Boer's investment bankers charge a flotation cost of 0.07 as a fraction of the price of a new stock issue, what is Boer's cost of issuing new equity?

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Basic Statistics: If boers investment bankers charge a flotation cost of 007

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Basic Statistics: If boers investment bankers charge a flotation cost of 007

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