Question: The Evanec Company's next expected dividend, D 1 , is $ 2 . 6 2 ; its growth rate is 6 % ; and its

The Evanec Company's next expected dividend, D1, is $2.62; its growth rate is 6%; and its common stock now sells for $39.00. New stock (external equity) can be sold to net $35.10 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 $2.62; its growth rate is 6%; and its common stock now sells for $39.00. New stock (external equity) can be sold to net $35.10 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 $2.62; its growth

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