Work (3 remaining) B eBook The Evanec Company's next expected dividend, D1, is $2.93; its growth rate is 7%; and its common stock now sells for $33.00. New stock (external equity) can be sold to net $29.70 per share. a. What is Evanec's cost of retained earnings, rs? Do not round intermediate calculations. Round your answer to two decimal places. rs = % b. What is Evanec's percentage flotation cost, F? Round your answer to two decimal places. F = % c. What is Evanec's cost of new common stock, re? Do not round intermediate calculations. Round your answer to two decimal places. re = % Check My Work (3 remaining) Tran Question 3 of 20 Check My Work (3 remaining) B eBook Pearson Motors has a target capital structure of 35% debt and 65% common equity, with no preferred stock. The yield to maturity on the company's outstanding bonds is 10%, and its tax rate is 25%. Pearson's CFO estimates that the company's WACC is 12.50%. What is Pearson's cost of common equity? Do not round intermediate calculations. Round your answer to two decimal places. % Check My Work (3 remaining) Icon Key