Question: ive Problem: Barton Industries expects next year's annual dividend, Di, to be $2.10 and it expects dividends to grow at a constant rate gL-4.8%. The

ive Problem: Barton Industries expects next year's annual dividend, Di, to be $2.10 and it expects dividends to grow at a constant rate gL-4.8%. The firm's current common stock price, Po, is $24.60. Ifit needs to issue new common stock, the m its cost of retained firm will encounter a 5.8% flotation cost, F, what is the flotation cost adjustment that must be added to earnings? Round your answer to 2 decimal places. Do not round intermediate calculation What is the cost of new common equity? Round your answer to 2 decimal places . Do not round intermediate calculations

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