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Business, 12.12.2019 00:31 lizdeleon248

You were recently hired by scheuer media inc. to estimate its cost of common equity. you obtained the following data: d1 = $1.75; p0 = $42.50; and g = 7.00% constant). assuming that scheuer's investment bank charges 5% to issue new securities, the cost of equity raised by selling new common stock is closest to: a. 10.77% b. 11.33% c. 11.90% d. 12.50% e. 13.12%

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