Firm A's stock is currently selling at 525 per share. The stock just palda dividend (Do) of 51, and the dividend is expected to grow at a constant rate of 7%. If the company decides to sell new common stock, the flotation costs associated with the new stock issuance is 15% of the proceeds. Given the above information which of the following is the cost of issuing new common stock 14.8496 Oa Ob. 12.63 11.97 ed 12.04%