Question: st of Common Equity with and without Flotation) Question 5 of 20 O Check My Work (3 remaining) eBook The Evanec Company's next expected dividend,
st of Common Equity with and without Flotation) Question 5 of 20 O Check My Work (3 remaining) eBook The Evanec Company's next expected dividend, D1, is $2.83; its growth rate is 7%; and its common stock now sells for $31.00. New stock (external equity) can be sold to net $26.35 per share. a. What is Evanec's cost of retained earnings, rs? Do not round intermediate calculations. Round your answer to two decimal places. ( Is = % b. What is Evanec's percentage flotation cost, F? Round your answer to two decimal places. F = % c. What is Evanec's cost of new common stock, re? Do not round intermediate calculations. Round your answer to two decimal places. Te = % Check My Work (3 remaining) Icon Key 4:55 PM 7/19/2020
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