Return to question Business has been good for Keystone Control Systems, as indicated by the eleven-year growth in earnings per share. The earnings have grown from $1.00 to $3.42. 10 points a. Determine the compound annual rate of growth in earnings (n = 11). (Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.) Answer is complete and correct. Compound annual rate of growth 11.83 % b. Based on the growth rate determined in part a, project earnings for next year (E1). (Do not round intermediate calculations. Round your answer to 2 decimal places.) Answer is complete and correct. E1 $ 3.82 MC c. Assume the dividend payout ratio is 40 percent. Compute D1. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Answer is complete and correct. points 01 $ 1.53 d. The current price of the stock is $25. Using the growth rate (g) from part a and (D1) from part c, compute Ke. (Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.) & Answer is complete but not entirely correct. Ke 6.09 % e. If the flotation cost is $2.50, compute the cost of new common stock (Kn) using growth rate (g) from part a and dividend (D1) from part c. (Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.) Kn %