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solve The Evanec Company's next expected dividend, D1, is $2.75; its orowth rate is 5%; and its common stock now sells for $35.00. New stock
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The Evanec Company's next expected dividend, D1, is $2.75; its orowth rate is 5%; and its common stock now sells for $35.00. New stock (external equity) can be sold to net $31.50 per share. a. What is Evanec's cost of retained eamings, rs ? Do not round intermediate calculations. Round your answer to two decimal places. rs=% b. What is Evanec's percentage flotation cost, F? Round your answer to two decimal places: F= c. What is Evanec's cost of new common stock, re ? Do not round intermediate calculations. Round your answer to two dedimal places. rn= \% Step by Step Solution
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