Click here to read the eBook: The Cost of Retained Earnings, Click here to read the eBook: Cost of New Common Stock, COST OF COMMON EQUITY WITH AND WITHOUT FLOTATION The Evanec Company's next expected dividend, D, is $3.31; its growth rate is 4%; and its common stock now sells for $31. New stock (external equity) can be sold to net $26.35 per share. a. What is Evanec's cost of retained earnings, r.? Round your answer to two decimal places. Do not round your intermediate calculations. b. What is Evanec's percentage flotation Post, F? Round your answer to two decimal places. c. What is Evanec's cost of new common stock, te? Round your answer to two decimal places. Do not round your intermediate calculations Grade it Now Save & Continue Continue without saving