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The Evanec Company's next expected dividend, D 1 , is $3.26; its growth rate is 5%; and its common stock now sells for $40. New

The Evanec Company's next expected dividend, D₁, is $3.26; its growth rate is 5%; and its common stock now sells for $40. New stock (external equity) can be sold to net $34.00 per share.

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

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