Anewer questions. Just note correct answer given. Nothing else. No Explanation.

AaBbCcl AaBbCCD. AaBE K Aa - A - 1 Normal I No spaci... Heading 1 Heading 2 Heading 3 Title Subtitle Subtle Em... Emp Font Paragraph Styles 1. What would be the cost of new common stock equity for Tangshan Mining if the firm just paid a dividend of $4.25, the stock price is $55.00, dividends are expected to grow at 8.5 percent indefinitely, and flotation costs are $6.25 per share? A. 17.96% B. 12.57% C. 16.88% D. 17 22% I 2. Nico Trading Corporation is considering issuing long-term debt. The debt would have a 30-year maturity and a 10 percent coupon rate. In order to sell the issue, the bonds must be underpriced at a discount of 5 percent of face value In addition, the firm would have to pay flotation costs of 5 percent of face value. The firm's tax rate is 21 percent. Given this information, the after-tax cost of debt for Nico Trading would be A 8.82% B 2.34% C. 7.26% D 11 17%