K Retained earnings versus new common stock Using the data for a firm shown in the following table, calculate the cost of retained earnings and the cost of new common stock using the constant-growth valuation model. (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Current market price per share $68.00 Dividend growth rate 7% Projected dividend per share next year $2.72 a. The cost of retained earnings is%. (Round to two decimal places.) Underpricing Flotation cost per share per share $1.50 $1.50

Retained earnings versus new common stock Using the data for a firm shown in the following tablo, caloulate the cost of rotained eamings and the cost of new common stock using the constant-grawth valuation model. (Click on the icon here op in order to copy the contents of the datai table below into a spreadsheet) a. The cost of retained earnings is K. (Round to two decimal places.)