2. Problem 10.04 (Cost of Equity with and without Flotation) ebook Problem Walkthrough Jarett & Sons common stock currently trades at $36.00 & share it is expected to pay an annual dividend of $150 a are at the end of the year (D) = $50, and the constant growth oa year What is the company's cost of common equity if ait of its equity comes from retained earnings? Do not round intermediate weation Hound your answer to two decimal aces b. If the company issued new stock, it would incur an sotation cost what would be the cost of equity from new todo not round intermediate clit Round yourse the decimal places Grade it Now Save & Continue Continue without saving 7:39