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Cost of common stock equity Ross Textiles wishes to measure its cost of common stock equity. The firm's stock is currently seling for $32.92. The

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Cost of common stock equity Ross Textiles wishes to measure its cost of common stock equity. The firm's stock is currently seling for $32.92. The firm expects to pay a $3.22 dividend at the end of the year (2016) The dividends for the past 5 years are shown in the following table Click on the icon located on the top-right come of the table below in order o into a spreadshot) Year Dividend per Share 52.57 S 2011 $212 $2.01 After underpricing and flotation costs, the firm expects to net $28.97 per Share on a a. The growth rate of dividends from 2011 to 2015 is Round to door ) Y-TU (simllar to) Tear 2015 2014 2013 2012 2011 Dividena per snare $2.93 $2.62 $2.57 $2.12 $2.01 After underpricing and flotation costs, the firm expects to net $28.97 per share on a new issue. a. Determine the growth rate of dividends from 2011 to 2015. b. Determine the net proceeds, N, that the firm will actually receive.. c. Using the constant-growth valuation model, determine the cost of retained earnings, d. Using the constant-growth valuation model, determine the cost of new common stock, %. (Round to two decimal places.) a. The growth rate of dividends from 2011 to 2015 is

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