Cost of common stock quilty Ross Textiles wishes to measure its cost of common lock equity. The firm's stock is currently noting for $60.36. The firm just recently paid a dividend of 53.0. The term has been increasing this regularly Five years ago, the dividend was just $2.98 Aher underpricing and flotation costs, the firm expects to net 552.83 per share on a new issue Determine average arvual dividend growth rate over the past 5 years. Using that growth rate, what dividend would you expect the company to pay next year? b. Determine the nel proceeds, N., that the firm will actually receive c. Using the constant growth valuation model, determine the required return on the company's stock. I, which should equal the cost of retained caming, d. Using the constant growth valuation model, determine the cost of new common stock a. The average annual dividend growth rate over the past 5 years is (Round to two decimal places)