Question: help me please The Evanec Company's next expected dividend, D1, is $3.76; its growth rate is 6%; and its common stock now sells for $38,00.
help me please
The Evanec Company's next expected dividend, D1, is $3.76; its growth rate is 6%; and its common stock now sells for $38,00. New stock (external equity) can be sold to net $36,10 per share. a. What is Evanec's cost of retained eanings, 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. %= Check My Work (3 remaining)
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