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The Evanec Company's next expected dividend, D1, is $2.97; its growth rate is 4%; and...

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Finance

The Evanec Company's next expected dividend, D1, is $2.97; its growth rate is 4%; and its common stock now sells for $37.00. New stock (external equity) can be sold to net $33.30 per share.

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

rs = %

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

F = %

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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