Finc 330 HW 6F Q2.jpg - Question 2 0 1 point Last year the Black Water Inc paid dividends \$3.66 Company's dividends are expected to grow at an annual

# Finc 330 HW 6F Q2.jpg - Question 2 0 1 point Last year the...

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Unformatted text preview: Question 2 0 / 1 point Last year the Black Water Inc. paid dividends \$3.66. Company's dividends are expected to grow at an annual rate of 2% forever. The company's common stock is currently selling on the market for \$87.56. The investments banker will charge flotation costs \$5.00 per share. Calculate the cost of common equity financing using Gordon Model. Round the answers to two decimal places in percentage form. (Write the percentage sign in the &quot;units&quot; box). Answer: x (6.52) x (%)...
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