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a new common stock issue that paid a 1.80 dividend last year.

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a new common stock issue that paid a 1.80 dividend last year. the par value of the stock is $15, and earning per share have grown at a rate of 7 percent per year, this growth rate is expected to continue into the foreseeable future. the company maintains a constant dividend-earnings ratio of 30 percent. the price of this stock is now $27.50, but 5 percent floatation costs are anticipated;Additional Requirements;Level of Detail: Show all work

 

Paper#24825 | Written in 18-Jul-2015

Price : $27
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