with no special characters. 5 pts Question 3 Brookes Corporation has an expected dividend (02) of $1.60, a current stocilo price (Po) of $40, and a constant growth rate of 6.4%. If new common stock is issued, the company will incur flotation costs of 6%. What is the company's cost of retained earnings? Your answer should be between 9.28 and 12.82, rounded to 2 decimal places, with no special characters