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Royal Mediterranean Cruise Line’s common stock is selling for $22 per share

16 / 01 / 2019 Research Papers

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Royal Mediterranean Cruise Line’s common stock is selling for $22 per share. The last dividend… 1 answer below » Royal Mediterranean Cruise Line’s common stock is selling for $22 per share. The last dividend was $1.20 and dividends are expected to grow at a 6% annual rate. Flotation costs on new stock sales are 5% of the selling price. What is the cost of Royal’s retained earnings? a) 12.09% b) 11.45% c) 11.78% d) 5.73% Sep 09 2015 11:12 AM



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