A company's common stock is currently selling at $40 per share. It's most recent divided was $1.60, and the financial community expects that it's dividend will grow at 10% per year in the foreseeable future. What is the company's equity cost of retained earnings? If the company sells new common stock to finance new projects and most pay $2 per share in flotation costs, what is the cost of equity?
Get Answers For Free
Most questions answered within 1 hours.