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Question
Glenna Gayle common stock sells for $55, and dividends paid last year were $1.35. Flotation costs on issuing stock will be 8% of the market price. The dividends are predicted to have a 10% growth rate. What is the cost of internal equity, and new equity, respectively for Glenna Gayle?Answer
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Related questions
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C) $22,305
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B) $84,000
C) $90,000
D) $94,000