Question: answer part a please! The Evanec Company's next expected dividend, D1, is $2.93; its growth rate is 5%; and its common stock now sells for
answer part a please!
The Evanec Company's next expected dividend, D1, is $2.93; its growth rate is 5%; and its common stock now sells for $39.00. New stock (external equity) can be sold to net $31.20 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= %
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