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The Evanec Company's next expected dividend, D1, is $3.57; its growth rate is 6%; and its common stock now sells for $35.00. New stock (external
The Evanec Company's next expected dividend, D1, is $3.57; its growth rate is 6%; and its common stock now sells for $35.00. New stock (external equity) can be sold to net $28.00 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 =
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