Business has been good for Keystone Control Systems, as indicated by the eleven$-$year growth in earnings per share. The earnings have grown from $$1\mathrm{.}00$ to $$2\mathrm{.}55.$Determine the compound annual rate of growth in earnings $($n $=11).$ Part $2$: Based on the growth rate determined in part a$,$ project earnings for next year $($E$1).$ Part $3$: Assume the dividend payout ratio is $30$ percent. Compute D$1.$ Part $4$: The current price of the stock is $$10.$ Using the gIf the flotation cost is $$2\mathrm{.}50,$ compute the cost of new common stock $($Kn$)$

using growth rate $($g$)$

from part a and dividend $($D$1)$

from part c$.$rowth rate $($g$)$ from part a and $($D$1)$

from part c$,$ compute Ke$.$ Part $5$: If the flotation cost is $$2\mathrm{.}50,$ compute the cost of new common stock $($Kn$)$

using growth rate $($g$)$

from part a and dividend $($D$1)$

from part c$.$