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What is the cost of common stock for pathos

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Reference no: EM132759920

Problem 1: Common Stock Pathos Co's currently selling for $ 21.50. Dividends paid last year were $ 0.70. Floatation Cost for the issuance of new shares at 10% of the market price. Dividends and earnings per share are projected to be at a growth rate of 15% annually. What is the cost of common stock for Pathos?

Reference no: EM132759920

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