Barton Industries expects next year's annual dividend, Di, o be Quantitative Problem: $1.80 and it expects dividends to grow at a constant rate g -4.2%. The firm's current common stock price, Po, is $23.00 f it needs to issue new common stock the firm will encounter a 4.2% flo ation cost F. Assume that the cost of quit calculated without the flotation adjustment is 12% and the cost of old common equity is 11.5%, what is the flotation cost adjustment that must be added to its cost of retained earnings? Round your answer to 2 decimal places. Do not round intermediate calculations. What is the cost of new common equity considering the estimate made from the three estimation methodologies? Round your answer to 2 decimal places. Do not round intermediate calculations