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help Save & Exit Expected cash dividends are $3

Business Dec 09, 2021

help Save & Exit Expected cash dividends are $3.00, the dividend yield is 8%, flotation costs are 7% of price, and the growth rate is 2%. Compute the approximate cost of new common stock (Do not round Intermediate calculations. Round your answer to 2 decimal places.) Multiple Choice 10.60% 10.35 O TOS 20

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