Calculate the cost of new common equity financing of stock Q using Gordon model stock Q last year dividend $$2\mathrm{.}31$ growth rate of dividends one percent selling price of stock $$57\mathrm{.}71$ flotation cost $$3\mathrm{.}64$ cost of common equity?

$-$alculate the cost of new common equity financing of stock Q using Gordon Model

Round the answers to two decimal places in percentage form $($Write the percentage sign in he "writs" box$)$

$\backslash$table$[[,\backslash$table$[[$Last Year$],[$Dividend$]],\backslash$table$[[$Growth Rate of$],[$Dividends$]],\backslash$table$[[$Selling Price of$],[$Stock$]],\backslash$table$[[$Floatation$],[$Costs$]],\backslash$table$[[$Cost of Comn$],[$Equity$]]],[\backslash$table$[[$Stock$],[Q$