Remaining Time: 1 hour, 59 minutes, 49 seconds. Question Completion Status: Moving to the next question prevents changes to this answer. Question 1 of 22 Question 1 5 points Save Answer If the market price of the common stock for ABC Corp is $977 and dividends are expected to grow at a rate of 9% per year. The company recently paid a dividend of $13. What is the company cost of cost of new common stock financing if flotation cost is $85? Round your answer to 4 decimal points. > A Moving to the next question prevents changes to this answer. Question 1 of 22