Question: remember to shred your scratch paper when you finish. Question 8 2.75 pts KAIJI common stock currently trades at $18 per share, but after flotation

remember to shred your scratch paper when you finish. Question 8 2.75 pts KAIJI common stock currently trades at $18 per share, but after flotation will net the firm $16.20. It is expected to pay an annual dividend of $0.75 at the end of the year and the constant growth rate is 6% per year. What is the cost of new shares of common equity? 4.63% 10.17% 10.63% 10.91%

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