Question: The Evanec Company's next expected dividend, D 1 , is $ 3 . 6 4 ; its growth rate is 6 % ; and its

The Evanec Company's next expected dividend, D1, is $3.64; its growth rate is 6%; and its common stock now sells for $30.00. New stock (external equity) can be sold to net $24.00 per share.
a. What is Evanec's cost of retained earnings, rs? Do not round intermediate calculations. Round your answer to two decimal places.
rs=%
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.
re=%
 The Evanec Company's next expected dividend, D1, is $3.64; its growth

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