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Assignment Score: 64.28% Problems Assignmenti Brigham Chapter 10 End-of-Chapter Problems Save Submit Assignment for Grading Question 1 of 7 Check My Work (No more tries available) Questions Book Problem 10-4 o Cost of Equity with and without Flotation D1-S2.50), and the constant growth rate is 6% a year O Jarett & Sons's common stock currently trades at $30.00 a share. It is expected to pay an annual dividend of $2.50 a share at the end ofthe year . Whet is the company's cost of common equity if all of its equity comes from retained earnings? Round your answer to two decimal places. Do not round your intermediate calculations. 7. 14.3 % b. If the company issued new stock, it would incur a 16% flotation cost what would be the cost of equity from new stock? Round your answer to two decir al places. Do not round your intermediate calculations. 10 % Check My Work (No more tries available)