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The Evans Company's next expected dividend, D 1 , is $3.11; its growth rate is 6%; and its common stock now sells for $36. New

The Evans Company's next expected dividend, D1, is $3.11; its growth rate is 6%; and its common stock now sells for $36. New stock (external equity) can be sold to net $32.40 per share.

  1. What is Evan's cost of retained earnings, rs? Round your answer to two decimal places. Do not round your intermediate calculations. rs = %
  3. What is Evan's percentage flotation cost, F? Round your answer to two decimal places. F = %
  5. What is Evan's cost of new common stock, re? Round your answer to two decimal places. Do not round your intermediate calculations. re = %

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