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Question 76: o$ l2 T$ U8 A) U8 c$ q, \* l
) H6 |. Y+ m2 @# L7 MMarvin Corporation plans to raise $600 million in new equity capital to purchase an automated material handling system. Marvin’s most recent dividend was $1.25 per share and long-term dividend growth is expected to be 5%. The current price of Marvin’s common shares is $40 and flotation costs for the new equity are expected to be 6%. Which of the following should Marvin use as the component cost of new equity when deriving the discount rate for analysis of the planned project?' O( s& c; j* N
4 ~: A: t) R, m9 W答案和详解如下:' M0 u2 p! K ]4 v, a, z: q
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