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?(Cost of internal equity?) Pathos? Co.'s common stock is currently selling for ?$21.52. Dividends paid last year were ?$1.00. Flotation costs on issuing stock will be 12 percent of market price. The dividends and earnings per share are projected to have an annual growth rate of 7 percent. What is the cost of internal common equity for? Pathos?
Financial Statement Analysis and Preparation
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