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price when Live istues new profecred stock. What is Lirfs cost of ney prefored stock? Submit your answer as a percentage and round to two

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price when Live istues new profecred stock. What is Lirfs cost of ney prefored stock? Submit your answer as a percentage and round to two decimal places (Ex. 000\%) 3Ay Co. expects to pay a dindend of $4.45 per share in one yoae. The cunrent price of Jitfy common stock is $33.51 per share. Fotation costs are $4.75 per share when Jitly issues new sioch What is the cost of intemal common equity (retained eamings) it the long term growth in ovidends is projectod to bo 5 porcont indefiritoly? submit your answer as a percentage and round to two decenal places (Ex.0005)

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