White Llon Homebuliders is considering investing in a one-year project that requires an initial investment of $500,000. 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 $550,000. The rate of return that White Llon expects to earn on its project (net of its flotation costs) is (rounded to two decimal places). Alpha Moose Transperters has a current stock price of 333.35 per share, and is expected 7.9450 persahare dividend of 52.45 at the end of the year. The company's earnings' and dividends' growth rate are expected to grow at the constar 6.6606 3.7056 into the foreseeable future. If Alpha Moose expects to incur flotation conts of 3.750% of the value of its newiy-ralsed equity funds, 977.06% otation-adjusted (net) cost of its new common stock (rounded to two decimal places) should be