6) A firm is expected to pay a $2.15 dividend. The stock is currently selling for 65.85 and is expected to grow at a ra

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answerhappygod
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6) A firm is expected to pay a $2.15 dividend. The stock is currently selling for 65.85 and is expected to grow at a ra

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6)
A firm is expected to pay a $2.15 dividend. The stock iscurrently selling for 65.85 and is expected to grow at a rate of5%. What is the cost of new equity if floatation costs are10%?
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