Dyson Inc. Perpetual preferred stock sells for $75 per share, has a par value of $100, and pays a $9 annual dividend. If the company were to sell a new preferred issue, it would incur flotation cost of 3 percent. Assuming a marginal tax rate of 25 percent, what is Dyson's cost of issuing new preferred stock for use in calculating its weighted average cost of capital (WACC)? https://sju.instructure.com/files/4063474/download?download_frd-1 O 12.50 percent O 9.00 percent O 12.00 percent 9.28 percent 12.37 percent