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Calculate the cost of new common equity financing of stock R using Gordon Model. Last Year Dividend $2.08 Growth Rate of Dividends 6.6% Selling Price of Stock $68.75

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Calculate the cost of new common equity financing of stock R using Gordon Model.

Last Year Dividend $2.08

Growth Rate of Dividends 6.6%

Selling Price of Stock $68.75

Flotation Costs $4.61

Cost of Common Equity ???

 
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