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The Evanec Company's next expected dividend, D 1, is $2.62; its growth rate is 5%; and its common stock now selis for $32.00, New stock

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The Evanec Company's next expected dividend, D 1, is $2.62; its growth rate is 5%; and its common stock now selis for $32.00, New stock (external equity) can be sold to net $30.40 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= of C. What is Evanec's cost of new common stock, re? Do not round intermediate calculations. Round your answer to two decimal places. re= The OrIcon Kin Problem 10.07 (Cost of Common Equity with and without Flotation) 4 Question 7 of tai

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