Jiffy Co. expects to pay a dividend of $4.12 per share in one year. The current price of Jiffy common stock is 530 21 per share. Flotation cost equity (retained earnings) if the long-term growth in dividends is projected to be 5 percent indefinitely? Submit your answer as a percentage 5 points mmon stock is $30.21 per share. Flotation costs are $3.59 per share when Jiffy issues new vock. What is the cost of con efinitely? Submit your answer as a percentage and round to two decimal places (Ex. 0.00%)