The Evanec Company's next expected dividend, D1, is $3.90; its growth rate is 4%; and its common stock now sells for $40.00. New stock (external equity) can be sold to net $38.00 per share.

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

rs = %

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, re? Do not round intermediate calculations. Round your answer to two decimal places. re = %