Shamas Famous Restaurants expects to pay a common stock dividend of $1.50 per share next year d₁). Dividends are expected to grow at a 4% rate for the foreseeable future. Shamas' common stock is selling for $18.50 per share and issuance costs are $3.50 per share. What is Shamas cost of internal equity?

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The Answer of Shamas Famous Restaurants expects to pay a common stock dividend of $1.50 per share next year d₁). Dividends are expected to grow at a 4% rate for the foreseeable future. Shamas' common stock is selling for $18.50 per share and issuance costs are $3.50 per share. What is Shamas cost of internal equity?

Shamas Famous Restaurants Expects to Pay a Common Stock Dividend