Last year a company paid dividends 495 the companys, Financial Management

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Last year a company paid dividends 495 the companys

Last year a company paid dividends $4.95. The company's dividends are expected to grow at an annual rate of 3.34% forever. The company's common stock is currently selling on the market for $75.85. The investment banker will charge floats costs $3.41 per share. Calculate the cost of common equity financing using Gordon Model.

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Financial Management: Last year a company paid dividends 495 the companys

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