Solution-Messman manufacturing will issue common stock to

Messman manufacturing will issue common stock to the public

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Reference no: EM132265884

Messman Manufacturing will issue common stock to the public for $25. The expected dividend and the growth in dividends are $2.00 per share and 5%, respectively. If the flotation cost is 16% of the issue's gross proceeds, what is the cost of external equity, re? Round your answer to two decimal places.

Reference no: EM132265884

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Messman manufacturing will issue common stock to the public

Reference no: EM132265884

Reference no: EM132265884

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