Question: The Evanec Company's next expected dividend is $ 3 . 9 5 ; its growth rate is 6 . 0 5 % ; its common

The Evanec Company's next expected dividend is $

3.95

; its growth rate is

6.05 %

; its common stock now sells for $

35.42 .

There is a

7.29 %

investment banking fees associated with issuing new stocks, called Flotation Cost, for every share the company sells. What is Evanec's cost of new common equity, re

?

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