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Intro Pizer is expected to pay an annual dividend of $1.85 one year from now. Dividends are expected to grow by 3.2% every year and

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Intro Pizer is expected to pay an annual dividend of $1.85 one year from now. Dividends are expected to grow by 3.2% every year and the current stock price is $319.3. The company is in the process of issuing new common stock, with flotation costs of $1.9 per share. Part 1 Attempt 1/3 for 10pts. What is the cost of new common stock

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