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i need answer please Ellington Electronics wants you to calculate its cost of common stock. During the next 12 months, the company expects to poy
i need answer please Ellington Electronics wants you to calculate its cost of common stock. During the next 12 months, the company expects to poy dividends (D1) of $1.80 per share, and the current price of its common stock is $36 per share. The expecied gramth rabe n 9 percent. (Do not round intermediate calculations. Round the final answers to 2 decimal places) a. Compute the cost of retained earnings (Ke) Cost of retained earnings \%8 b. If a $3.0 flotation cost is involved, compute the cost of new corrmon stock (Kn). Cost of new common stock
i need answer please
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