The Evanec Company's next expected dividend, D1, is $3.50; its growth rate is 5%; and its common stock now sells for $38.00. New stock (external equity) can be sold to net $34.20 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= %
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