White Lion Home builders is considering investing in a one-year project that requires an mital investment of $450,000. To do so, it will have to issue new common stock and will incur a flotation cost of 2.00%. At the end of the year, the project is expected to produce a cash inflow of 5550,000. The rate of return that White Lion expects to earn on its project (net of its flotation costs) is 19,83% (rounded to two decimal places). a Alpha Moose Transporters has a current stock price of $33.35 per share, and is expected to pay a pershare dividend of $2.03 at the end of the year, The companys camings' and dividends growth rate are expected to grow at the constant rate of 9.40% into the foreseeable future. If Alpha Moose expects to incur hotation costs of 3.750% of the value of its newly raised equity funds, then the flotation adjusted (net) cost of its new common stock (rounded to two decimal places) should be White Lion Homebuilders Cox addition to earnings for this year is expected to be 5745,000. Testaroet capital structure consists of 40% debt, 5% preferred, and 55% equity Determine White Lion Homebuilders retained earnings breakpoint: 51,693,181 $1,354,545 11,206,010 51,557,722