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Elinglon Electronics wants you to cakulate its cost of common stock. During the nent t2 monens, the company expects to pay divalends (1) of $330 per share, and the curemt price of its common stock is $68 per share. The expected growth rate is 3 percent (Do not round intermediate cefcutetions. Round the final answers to 2 decimal places) a. Compute the cost of retaned cainings (ce) Cost of retained earnings 0% b. If a $40 ficention cost is implved, compule the cost of new common stock (ce) Cost of new commen stock