The Evanec Company's next expected dividend, D 1 , is $3 93 its growth rate is 6 and its common stock now sells for $37 00 New stock (external equity) can be sold to net $31 45 per share What is Evanec's cost of retained earnings, r s Do not round intermediate calculations Round your answer to two decimal places r s What is Evanec's percentage flotation cost, F Round your answer to two decimal places F What is Evanec's cost of new common stock, r e Do not round intermediate calculations Round your answer to two decimal places r e The Evanec Company's next expected dividend, D1, is $3 93 its growth rate is 6 and its common stock now sells for $37 00 New stock (external equity) can be sold to net $31 45 per share a What is Evanec's cost of retained earnings, 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 decimal places re Check My Work (3 remaining)

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The Evanec Company's next expected dividend, D 1 , is $3.93; its growth rate is 6%; and its common stock now sells for $37.00. New

The Evanec Company's next expected dividend, D₁, is $3.93; its growth rate is 6%; and its common stock now sells for $37.00. New stock (external equity) can be sold to net $31.45 per share.

What is Evanec's cost of retained earnings, r_s? Do not round intermediate calculations. Round your answer to two decimal places.

r_s = %

What is Evanec's percentage flotation cost, F? Round your answer to two decimal places.

F = %

What is Evanec's cost of new common stock, r_e? Do not round intermediate calculations. Round your answer to two decimal places.

r_e = % image text in transcribed

The Evanec Company's next expected dividend, D1, is $3.93; its growth rate is 6%; and its common stock now sells for $37.00. New stock (external equity) can be sold to net $31.45 per share. a. What is Evanec's cost of retained earnings, 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 decimal places. re=% Check My Work (3 remaining)