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Business, 14.04.2020 23:51 sana20

You are a finance intern at Chambers and Sons and they have asked you to help estimate the company's cost of common equity. You obtained the following data: D1 = $1.25; P0 = $27.50; gL = 5.00% (constant); and F (flotation cost) = 6.00%. What is the cost of equity raised by selling new common stock?

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