The common stock of stale research corp (src). is currently selling at a price of $40 per share. src is expected to pay an annual $1.80 dividend to its common shareholders one year from today, and these dividends are expected to grow at a constant rate of 8 percent per year indefinitely. assume src would incur flotation costs of 10% when issuing new shares of common stock src faces a marginal tax rate of 21%. what is the cost of equity for serenity assuming it issues new shares of equity?
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The common stock of stale research corp (src). is currently selling at a price of $40 per share. src...
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