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Finance Assignment | Professional Writing

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May 29th, 2020

The Cost of Equity and Flotation Costs Messman Manufacturing will issue common stock to the public for $35. The expected dividend and the growth in dividends are $3.25 per share and 3%, respectively.

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Homework For You

If the flotation cost is 15% of the issue’s gross proceeds, what is the cost of external equity, re? Round your answer to two decimal places. 0.14 %

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