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Calculate the cost of new common equity financing of stock R using Gordon Model Round the answers to two decimal places in percentage form

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Calculate the cost of new common equity financing of stock R using Gordon Model Round the answers to two decimal places in percentage form. (Write the percentage sign in the "units" box) Last Year Dividend Growth Rate of Dividends Selling Price of Floatation Cost of Common Stock Costs Equity Stock R $4.81 5.1% $48.01 $3.88 ? Your Answer: Answer units