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Business, 23.07.2019 05:40 solizpaco7124

Jarett & sons's common stock currently trades at $27.00 a share. it is expected to pay an annual dividend of $2.50 a share at the end of the year (d1 = $2.50), and the constant growth rate is 4% a year. what is the company's cost of common equity if all of its equity comes from retained earnings? do not round intermediate calculations. round your answer to two decimal places. % if the company issued new stock, it would incur a 12% flotation cost. what would be the cost of equity from new stock? do not round intermediate calculations. round your answer to two decimal places.

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