Diouf Corporation is estimating its cost of common stock financing. Financial analysts are forecasting that Dioufs next dividend will be $2.50, and that the dividend will grow at a rate of 8% for the foreseeable future. The companys stock is currently selling for $50/share. Dioufs investment bankers have advised that a new stock issue would incur flotation costs of 6% of the Issue: a)Determine the common stock investors required rate of return b)Determine the cost of retained earnings to Diouf Corporation. c)Determine the cost of a new stock issue to Diouf Corporation