Question: 6. Problem 10.07 (Cost of Common Equity with and without Flotation) LO eBook The Evanec Company's next expected dividend, Di, $2.77; its growth rates 6%
6. Problem 10.07 (Cost of Common Equity with and without Flotation) LO eBook The Evanec Company's next expected dividend, Di, $2.77; its growth rates 6% and its common stock now sells for $38.00. New stock (external equity) can be sold to net $32.30 per share. a. What is Evanec's cost of retained earings, Do not round Intermediate calculations. Round your answer to two decimal places b. What is Evanec's percentage flotation cost, F? Round your answer to two decimal places. c. What is Evanec's cost of new common stock, 12 Do not round intermediate calculations, Round your answer to two decimal places. Grade it Now Save & Continue Continue without saving MacBook Pro $ 3 5 6 7 8 E R T U o D F G H V . V B N M 92 command option
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