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I need help with this finance question ASAP please zoom if too small:
Ch 10: End-of-Chapter Problems - The Cost of Capital Back to Assignment Attempts Keep the Highest / 3 7. Problem 10.07 Click here to read the eBook: The Cost of Retained Earnings, rs Click here to read the eBook: Cost of New Common Stock, re COST OF COMMON EQUITY WITH AND WITHOUT FLOTATION The Evanec Company's next expected dividend, D1, is $3.47; its growth rate is 6%; and its common stock now sells for $33. New stock (external equity) can be sold to net $26.40 per share. a. What is Evanec's cost of retained earnings, rs? Round your answer to two decimal places. Do not round your intermediate calculations. % 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? Round your answer to two decimal places. Do not round your intermediate calculations. % Grade it Now Save & Continue Continue without saving
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