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 constam growth model (Click on the icon here in order to copy the contents of the datatable below into a spreadsheet.) Projected Current market Dividend dividend per Underpricing Flotation cost price per share growth rate sharement year per share per share $34.00 89 51.70 51.60 $2.50 a. The cost of retained earnings (Round to two decimal place) b. The cost of new common stock Round to two decimal places) der your answer in each of the answer boxes 10:13 AM 1