Eakins Inc's common stock currently sells for $42.50 per share, the company expects to earn $2.05 per share during the current year, it expected payout ratio is 80%, and its expected constant growth rate is 6.00%. New stock can be sold to the public at the current price, bu flotation cost of 8% would be incurred. By how much would the cost of new stock exceed the cost of retained earnings? Do not round your intermediate calculations 0.42% b. 0.34% Oc0.36% Od 0.5296 0.29%