Attempts: Keep the Highest: /3 7. Problem 10.07 Click here to read the eBook: The Cost of Retained Earnings, I's Click here to read the eBook: Cost of New Common Stock, re COST OF COMMON EQUITY WITH AND WITHOUT FLOTATION The Evanec Company's next expected dividend, D1, is $2.95; its growth rate is 5%; and its common stock now sells for $34. New stock (external equity) can be sold to net $30.60 per share. a. What is Evanec's cost of retained earnings, rs? Round your answer to two decimal places. Do not round your intermediate calculations. % b. What is Evanec's percentage flotation cost, F? Round your answer to two decimal places. F = % c. What is Evanec's cost of new common stock, re? Round your answer to two decimal places. Do not round your intermediate calculations. re %