5. The cost of new common stock represent the fees that firms pay to investment bankers to help them issue new common stock. Alpha Moose Transporters has a current stock price of $22.35 per share, and is expected to pay a per-share dividend of $2.03 at the end of next year. The company's earnings and dividends' growth rate are expected to grow at the constant rate of 8.70% into the foreseeable future. If Alpha Moose expects to incur flotation costs of 5.00% of the value of its newly-raised equity funds, then the flotation-adjusted (net) cost of its new common stock (rounded to two decimal places) should be Grade it Now Save & Continue Continue without saving represent the fees that firms pay to investment bankers to help them issue new common stock. Dividends sporters has a current stock price of $22.35 per share, and is expected to pay a per-share dividend of $2.03 at the end of next year. Flotation costsmings' and dividends' growth rate are expected to grow at the constant rate of 8.70% into the foreseeable future. If Alpha Moose expects to corrotation costs of 5.00% of the value of its newly-raised equity funds, then the flotation-adjusted (net) cost of its new common stock (rounded to two decimal places) should be GIN Save & Conte Continue without saving LUIS 5. The cost of new common stock 17.78% represent the fees th y to investment bankers to help them issue new common stock. 18.26% Alpha Moose Transporters has a current std 14.61% The company's earnings and dividends' grd 15.52% expects to incur flotation costs of 5.00% of (rounded to two decimal places) should be $22.35 per share, and is expected to pay a per share dividend of $2.03 at the end of next year. re expected to grow at the constant rate of 8.70% into the foreseeable future. If Alpha Moose of its newly-raised equity funds, then the flotation-adjusted (net) cost of its new common stock