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Shamas Famous Restaurants expects to pay a common stock dividend of $1.50 per share next year (d1). Dividends are expected to grow at a 4% rate for the foreseeable future. Shamas' common stock is selling for $18.50 per share and issuance costs are $3.50 per share. What is Shamas cost of internal equity?
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A loan of $15 000 is taken out. If the interest rate on the loan is 7%, how much interest is due and what is the amount repaid ifa) The loan is due in seven months;b) The loan
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