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Cost of common stock equity Ross Textiles wishes to measure its cost of common stock equity. The firm's stock is currently sellifor$4037. The firm just recently paid a dividend of S4.02. The firm has been increasing dividends regularly Five years ago, the dividend was just $3.02 After underpricing and flotation costs, the firm expects to net $37.54 per share on a new issue. a. Determine average annual dividend growth rate over the past 5 years. Using that growth rate, what dividend would you expect the company to pay next year? b. Determine the net proceeds, Nn, that the firm will actually receive c. Using the constant-growth valuation model, determine the required return on the company's stock, rg, which should equal the cost of retained earnings, r d. Using the constant-growth valuation model, determine the cost of new common stock, r, a. The average annual dividend growth rate over the past 5 years is 5.8873 %. (Round to two decimal places.) singthatrotmate, he dividend you espet the company to pay ti dal plaes) b. The net proceeds, N, the firm will actually receive are $37.54. (Round to two decimal places.) c. Using te constantgrowth valuation model, the cost of retained earnings, ', is 16.4314 %. Round to two decimal paces) d. Using the constant-growth valuation model, the cost of new common stock, r, is 17.2263 %. (Round to two decimal places.) Cost of common stock equity Ross Textiles wishes to measure its cost of common stock equity. The firm's stock is currently sellig for $62.87. The firm just recently paid a dividend of S4.09. The firm has been increasing dividends regularly. Five years ago, the dividend was just $2.99. After underpricing and flotation costs, the firm expects to net $54.70 per share on a new issue. a. Determine average annual dividend growth rate over the past 5 years. Using that growth rate, what dividend would you expect the company to pay next year? b. Determine the net proceeds, Nthat the firm will actually receive c. Using the constant-growth valuation model, determine the required return on the company's stock, rs which should equal the cost of retained earnings,r d. Using the constant-growth valuation model, determine the cost of new common stock, a. The average annual dividend growth rate over the past 5 years is % Round to two decimal places)