The Evanec Company's next expected dividend, D 1 , is $3.54; its growth rate is 5%; and

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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 = _____ %