The Evanec Company's next expected dividend, D₁, is $2.93; its growth rate is 5%; and its common stock now sells for $32.00. New stock (external equity) can be sold to net $30.40 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 = %