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Attempts Do No Harm / 2 4. Problem 10.04 (Cost of Equity with and without...

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Attempts Do No Harm / 2 4. Problem 10.04 (Cost of Equity with and without Flotation) eBook Problem Walk Through Jarett & Sons's common stock currently trades at $37.00 a share. It is expected to pay an annual dividend of $1.75 a share at the end of the year (D. - $1.75), and the constant growth rate is 3% a year What is the company's cost of common equity it all of its equity comes from retained earnings? Do not round Intermediate calculations. Round your answer to two decina places b. If the company issued new stock, it would incur 19 notation cost. What would be the cost of equity from new stock? Do not round intermediate calculations. Round your answer to two decimal places

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