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The Evanec Company's next expected dividend, D_1, is $3.48: its growth rate is 7%: and its common stock now sells for $35. New stock (external

The Evanec Company's next expected dividend, D_1, is $3.48: its growth rate is 7%: and its common stock now sells for $35. New stock (external equity) can be sold to net $29.75 per share. a. What is Evanec's cost of retained earnings, r_s? r_s = _ % b. What is Evanec's percentage flotation cost, F? F = _ % c. What is Evanec's cost of new common stock, r_e? r_e = ___________ %

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