Can someone please help with these answers? I have spent all day trying to get the answers but its not matching any of the choices. Taking flotation costs into account will reduce the cost of new common stock.

True: Taking flotation costs into account will reduce the cost of new common stock, because you will multiply the cost of new common

stock by $1$ minus the flotation cost$-$similar to how the after$-$tax cost of debt is calculated.

False: Flotation costs are additional costs associated with raising new common stock.

White Lion Homebuilders is considering investing in a one$-$year project that requires an initial investment of $$450,000.$ To do so$,$ it will have to issue

new common stock and will incur a flotation cost of $2\mathrm{.}00\%.$ At the end of the year, the project is expected to produce a cash inflow of $$550,000.$ The

Alpha Moose Transporters has a current stock price of $$22\mathrm{.}35$ per share, and is expected to pay a per$-$share dividend of $$1\mathrm{.}36$ at the end of the year.

The company's earnings' and dividends' growth rate are expected to grow at the constant rate of $5\mathrm{.}20\%$ into the foreseeable future. If Alpha Moose

expects to incur flotation costs of $5\mathrm{.}00\%$ of the value of its newly$-$raised equity funds, then the flotation$-$adjusted $($net$)$ cost of its new common stock

$($rounded to two decimal places$)$ should be

White Lion Homebuilders Co$.\text{'}$s addition to earnings for this year is expected to be $$857,000.$ Its target capital structure consists of $40\%$

preferred, and $55\%$ equity. Determine White Lion Homebuilders's retained earnings breakpoint:

$$1,636,091$

$$1,869,818$

$$1,791,909$

$$1,558,182$