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What is evanec cost of retained earnings

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COST OF COMMON EQUITY WITH AND WITHOUT FLOTATION

The Evanec Company's next expected dividend, D1, is $2.65; its growth rate is 6%; and its common stock now sells for $32. New stock (external equity) can be sold to net $28.80 per share.

What is Evanec's cost of retained earnings, rs? Round your answer to two decimal places. Do not round your intermediate calculations.

What is Evanec's percentage flotation cost, F? Round your answer to two decimal places.

Reference no: EM132491768

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