Intro Pfizer is expected to pay an annual dividend of $1.85 one year from now. Dividends are expected to grow by 2.5% every year and the current stock price is $296. The company is in the process of issuing new common stock, with flotation costs of $1.5 per share. Attempt 1/1 for 10 pts. Part 1 What is the cost of new common stock? 14+ decimals Submit About Blog Contact Instructor Guide Priva Type here to search o