Quantitative Problem: Barton Industhes expects next year's annual dividend, D1, to be $2.00 and it expects dividends to grow at a constant rate 9 . =4,196. The firm's Curtent cocrmon stock price, Po, is $24.20. If it needs to issue new common stock, the firm will encounter a 4.2% flotation cost, F. Assume that the cost of equity calculated wathout the flotation edjustment is 12% and the cost of old common equity is 11.5%. What is the flotation cost adjustment that must be added to its cost of retained earrings? Round your answer to 2 decimal places, Do not round entermediate calculations. What is the cost of new common cquity? flound your anwwer to 2 decomal places. Do not round intermediate calculabions