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The Evanec Company's next expected dividend, D1, is $3.74; its growth rate is 5%; and its common stock now sells for $37.00. New stock (external
The Evanec Company's next expected dividend, D1, is $3.74; its growth rate is 5%; and its common stock now sells for $37.00. New stock (external equity) can be sold to net $33.30 per share.
- What is Evanec's cost of retained earnings, rs?
- What is Evanec's percentage flotation cost, F?
- What is Evanec's cost of new common stock, re?
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