A company's common stock currently sells for $22.50 per share, the expected dividend for the coming year is $2.35, and is expected constant growth rate is 6.00% New stock can be sold so the podria the current price, but a flotation cost of 8% would be incurred. By how much would the cost of new stock exceed the cost of retained earnings? Do not round your intermediate calculations O 91% Ob.08% Oc.74% Od 51% Oe.2%