Business, 12.08.2020 07:01 alexandrecarmene

Seminole Corporation common stock currently sells for $32 per share. The firm recently paid a dividend of $1.25 per share. Flotation costs for new external equity are $3 per share. Analysts have forecast that earnings and dividends will grow at an average annual rate of 7% percent well into the future. What is the company's cost of internal equity?

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Seminole Corporation common stock currently sells for $32 per share. The firm recently paid a divide...

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