Expected cash dividends are $2.50,the dividend yield is 6%,flotation costs are 4%,and the growth rate is 3%.Compute cost of the new common stock.

Name: Expected cash dividends are $2.50,the dividend yield is 6%,flotation costs are 4%,and the growth rate is 3%.Compute cost of the new common stock.
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The Answer of Expected cash dividends are $2.50,the dividend yield is 6%,flotation costs are 4%,and the growth rate is 3%.Compute cost of the new common stock.

Expected Cash Dividends Are $2