Sun Instruments expects to issue new stock at $34
accounting teacher (Not rated)
(Not rated)
Sun Instruments expects to issue new stock at $34 a share with estimated flotation costs of 7 percent of the market price. The company currently pays a $2.10 cash dividend and has a 6 percent growth rate. What are the costs of retained earnings and new common stock?
- 8 years ago
Sun Instruments expects to issue new stock at $34
NOT RATED
Purchase the answer to view it
- sun_instruments.docx