The Evanec Company's next expected dividend, D 1 , 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...


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
=  %



Jun 10, 2022
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