E ebeok H Froblem Walk-Through Jarett \& Sonsis common stock currentiy trades at $36.00 a share it is expected to pay an annual dividend of $2.00 a share at the end of the year (D1=52.00), and the constant growth rate is 6s a year: a. What is the company's cost of common equity if all of its equity comes from retained earnings? Do not round intermediate caiculations, Round your answer to two decimal places: b. If the company issued new stock, it would incur an 8% fotation cost. What would be the cost of ecuity from new stock? Do not round intermediate calculations: Round your answer to two decimal places. 9