The evanec companys next expected dividend d1 is 349 its, Ask an Expert

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The Evanec Company's next expected dividend, D1, is $3.49; its growth rate is 7%; and its common stock now sells for $38. New stock (external equity) can be sold to net $36.10 per share.

1. What is Evanec's cost of retained earnings, rs? Round your answer to two decimal places.
rs = %
2. What is Evanec's percentage flotation cost, F? Round your answer to two decimal places. F = %

3. What is Evanec's cost of new common stock, re? Round your answer to two decimal places.

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M9997227

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