Page 2 of 28 Question 2 (1 point) Calculate the cost of new common equity financing of stock R using Gordon Model Round the answers to two decimal places in percentage form. Write the percentage sign in the "units" box) {:[" Last Year "],[" Dividend "]:} {:[" Growth Rate of "],[" Dividends "]:} {:[" Selling Price of "],[" Stock "]:} {:[" Floatation "],[" Costs "]:} {:[" Cost of Comr "],[" Equity "]:} {:[" Stock "],[R]:} $2.38 3.1% $59.90 $3.21 ? Your Answer: Answer units