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Batins lac x common sfock curreatly sells for $42.50 per share, the company expects to earn $2.05 per share during the current year, its expected

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Batins lac x common sfock curreatly sells for $42.50 per share, the company expects to earn $2.05 per share during the current year, its expected payou rabo ir sok, and ies expected constant growth rate is 6.00%. New stock can be sold to the public at the current price, but a flotation cost of 8% would be incurnt By bow much nould the cost of new stock exced the cost of retained earnings? Do not round your intermediate calculations. ader A conere di 250s o.2se

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