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Q Search this course V CH 10 X Test: HW CH 10 Save Submit Test for Grading Questions Question 12 of 15 10. 11. 12 13. 14. Click here to read the eBook: The Cost of Retained Earnings, 's Click here to read the eBook: Cost of New Common Stock, re COST OF COMMON EQUITY WITH AND WITHOUT FLOTATION The Evanec Company's next expected dividend, D., is $3.80; its growth rate is 6%; and its common stock now sells for $33. New stock (external equity) can be sold to net $26.40 per share. a. What is Evanec's cost of retained earnings, rs? Round your answer to two decimal places. Do not round your intermediate calculations. % 15. b. What is Evanec's percentage flotation cost, F? Round your answer to two decimal places. 14 FE % c. What is Evanec's cost of new common stock, re? Round your answer to two decimal places. Do not round your intermediate calculations. re % AB 0 Icon Key Question 12 of 15 Save Submit Test for Grading