The Evanec Company's next expected dividend, D 1 , is $3 54 its growth rate is 5 and its common stock now sells for $38 00 New stock (external equity) can be sold to net $36 10 per share What is Evanec's cost of retained earnings, r s Do not round intermediate calculations Round your answer to two decimal places r s 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, r e Do not round intermediate calculations Round your answer to two decimal places r e

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Question: The Evanec Company's next expected dividend, D 1 , is $3.54; its growth rate is 5%; and its common stock now sells for $38.00. New

The Evanec Company's next expected dividend, D₁, is $3.54; its growth rate is 5%; and its common stock now sells for $38.00. New stock (external equity) can be sold to net $36.10 per share.

What is Evanec's cost of retained earnings, r_s? Do not round intermediate calculations. Round your answer to two decimal places.
r_s = ____%
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, r_e? Do not round intermediate calculations. Round your answer to two decimal places.
r_e = _____ %

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