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Author Question: Keystone Corporation will issue new common stock to finance an expansion. The existing common stock ... (Read 190 times)

Shelles

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on: Jul 10, 2018
Keystone Corporation will issue new common stock to finance an expansion. The existing common
  stock just paid a 1.50 dividend, and dividends are expected to grow at a constant rate 8
  indefinitely.
 
  The stock sells for 45, and flotation expenses of 5 of the selling price will be incurred
  on new shares. What is the cost of new common stock be for Keystone Corp?
  A) 11.33 B) 12.53 C) 11.60 D) 11.79 E) 11.51

Question 2

All of the following affect the value of a share of common stock EXCEPT
 
  A) investors' required rate of return.
  B) the stock and paid-in-capital amounts on the balance sheet.
  C) the dollar amount of the dividends.
  D) the future growth rate for dividends.
Foundations of Finance ¦ Keown, Petty, Martin ¦ 9th Edition
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jharrington11

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Reply #1 on: Jul 10, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Shelles

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Reply 2 on: Jul 10, 2018
Thanks for the timely response, appreciate it

gcook

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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