Dont answer question (a) its already correct, answer the rest of the 4 question do not copy paste any other answer to this question!!!

Sam's Fine Garments sells jackets and sports coats in suburban malls throughout the country. Business has been good, as indicated by the ten-year growth in earnings per share. The earnings have grown from $1.00 to $3.10. (Use a Financial calculator to arrive at the answers.)

a. Determine the compound annual rate of growth in earnings (n = 10). Use Appendix A. (Round the final answer to 2 decimal places.) Compound annual rate of growth Answer 11.98 % correct

b. Based on the growth rate determined in part a, project earnings for next year (E1). (Round compound annual rate of growth to 2 decimal places. Round the final answer to 2 decimal places.) E1 = ? $

c. Assume the dividend payout ratio is 15 percent. Compute D1. (Round intermediate calculations to 2 decimal places. Round the final answer to 2 decimal places.) DI = ?$

d. The current price of the stock is $11. Using the growth rate (g) from part a and Dy from part c, compute Ke. (Round compound annual rate of growth to 2 decimal places. Round the final answer to 2 decimal places.) Ke = ?%

e. If the flotation cost is $1.50, compute the cost of new common stock (Kn). (Round compound annual rate of growth to 2 decimal places. Round intermediate calculations to 2 decimal places. Round the final answer to 2 decimal places.) Kn = ?%