96 Close Windowe &Moving to another question will save this response Question 29 Question 29 of 30x 1 polnts A company decides to issue new comm constant growth company with growth rate of 4 % Save Ans stock to raise capital. The market value of the stock is $45 and the next expected dividend S25 The fotation cost for issuing new comman stocks is 8% The company is What is the cost of new common stock? O 10.04 % 9.04% O12.04% 11.04% A Moving to another question will save this response Question 29 of 30 Close Window to 144 16 ts % 5 & 7 6 2 3