Question: Sun Instruments expects to issue new stock at $37 a share with estimuted flotation costs of 9 percent of the market price. The company currenty

Sun Instruments expects to issue new stock at $37 a share with estimuted flotation costs of 9 percent of the market price. The company currenty pays a $2.50 cash dividend and has a 5 percent growh rate. What are the costs of retained earnings and new commen stocker Round your answers to two decimai places. Cests of retained earnings: Cout of new comman stokk: Sun Instruments expects to issue new stock at $37 a share with estimuted flotation costs of 9 percent of the market price. The company currenty pays a $2.50 cash dividend and has a 5 percent growh rate. What are the costs of retained earnings and new commen stocker Round your answers to two decimai places. Cests of retained earnings: Cout of new comman stokk

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