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1. Hillside common stock market value is $44. If the company issues new stock a $4.00...

1. Hillside common stock market value is $44. If the company issues new stock a $4.00 flotation costs will be paid. Last year dividend was $2.00. Dividends growth rate is 9%. Compute the cost of new equity

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14.45%

5.00%

15.00%

15.50%

10%

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