Ellington Electronics wants you to calculate its cost of common stock. One year from today, the company expects to pay dividends (D1) of $1.90 per share, and the current price of its common stock is $38 per share. The expected growth rate is 10 percent. (Do not round intermediate calculations. Round the final answers to 2 decimal places.) a. (2.5 points) Compute the cost of retained earnings (Ke). Cost of retained earnings % b. (2.5 points) If there is a $2.0 flotation cost per share, compute the cost of new common stock (Kn). Cost of new common stock %