Alpha Moose Transporters has a current stock price of $22.35 per share, and is expected to pay a per-share dividend of $1.36 at the end of the year, The company's earnings and dividends' growth rate are expected to grow at the constant rate of 5.20% Into the foreseeable future. If Alpha Moose expects to incur flotation costs of 6.50% of the value of its newly-raised equity funds, then the flotation-adjusted (net) cost of its new common stock (rounded to two decimal places) should be 9.95% White Lion Homebuilders Coi's addition to this year is expected to be $745,000. Its target capital structure consists of 409 debt, 5% preferred, and 55% equity. Determine WW 9,37% hebuilders's retained earnings breakpoint: 11.29% $1,625,454 11.71% $1,354,545 $1,422,272 $1,557.727