Attempts Keep the Highest / 2 4. Problem 10.04 (Cost of Equity with and without Flotation) growth rate is a year ebook Problem Walk-through Jarett & Son's common stock currently traden at $31.00 a share. It is expected to pay an annual dividend of 61.75 a share at the end of the year (0 - $1.75), and the constant What is the company's cont of common equity of all of its equity comes from retained earnings? Do not round intermediate calculations. Round your anwer to two decimal places b. If the company issued new stock, it would incur a 17% fictation cost. What would be the cost of equity from new stock? Do not found intermediate calculations. Round your answer to two decimal places