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The evanec company's next expected dividend, d1, is $3.18; its growth rate is 6%; and its common stock now sells for $36. new stock (external equity) can be sold tonet $32.40 a share. what is evanec's percentage flotation cost, F?

The evanec company's next expected dividend, d1, is $3.18; its growth rate is 6%; and its common stock now sells for $36. new stock (external equity) can be sold tonet $32.40 a share. what is evanec's percentage flotation cost, F?

Solution: 
The evanec company's next expected dividend, d1, is $3.18; its growth rate is 6%; and its common stock now sells for $36. new stock (external equity) can be sold tonet $32.40 a share. what is evanec's percentage flotation cost, F?



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