Alpha Moose Transporters has a current stock price of $$33\mathrm{.}35$ per share, and is expected to pay a per$-$share dividend of $$2\mathrm{.}45$ at the end of the year. The company's earnings' and dividends' growth rate are expected to grow at the constant rate of $8\mathrm{.}70\%$ into the foreseeable future. If Alpha Moose expects to incur flotation costs of $5\mathrm{.}00\%$ 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

White Lion Homebuilders Co$.\text{'}$s addition to $13\mathrm{.}97\%$ this year is expected to be $$745,000.$ Its target capital structure consists of $40\%$ debt, $5\%$ preferred, and $55\%$ equity. Determine Whit $16\mathrm{.}43\%$ hebuilders's retained earnings breakpoint:

$$1,354,545$

$$1,422,272$

$13\mathrm{.}14\%$