What is cost of new common equity
The Evanec Company's next expected dividend is $3.70; its growth rate is 6.68%; its common stock now sells for $35.86. New stock can be sold to net $32.24 per share. What is Evanec's cost of new common equity?
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Its growth rate is 6.68%; its common stock now sells for $35.86. New stock can be sold to net $32.24 per share. What is Evanec's cost of new common equity?
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In its second year, the company needed to get rid of excess inventory (the extra 2,000 units produced but not sold in 2011) so it cut back production to 16,000 units.
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