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14)Cybersecure Corp. can sell common stock for $30 per share and its investors require a 12% return. However, the administrative or flotation costs associated with

14)Cybersecure Corp. can sell common stock for $30 per share and its investors require a 12% return. However, the administrative or flotation costs associated with selling the stock amount to $2.00 per share. What is the cost of capital for Cybersecure if the corporation raises money by selling common stock? A)18.67%, or 12% plus the flotation costs of 6.67% ($2/$30) B)13.85% C)12%, because that is what the shareholders demand D)12.86%

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