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

The Evanec Company's next expected dividend, D1, is $3.31; its growth rate is 4%; and its common stock now sells for $35.00. New stock (external equity) can be sold to net $31.50 per share.
What is Evanec's cost of retained earnings, rs? Do not round intermediate calculations. Round your answer to two decimal places.
rs =__%
What is Evanec's percentage flotation cost, F? Round your answer to two decimal places.
F =__%
What is Evanec's cost of new common stock, re? Do not round intermediate calculations. Round your answer to two decimal places.
re =__%

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