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Intro Tesla is expected to pay an annual dividend of $2.38 one year from now. Dividends are expected to grow by 3.2%.every year and the

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Intro Tesla is expected to pay an annual dividend of $2.38 one year from now. Dividends are expected to grow by 3.2%.every year and the current stock price is $188.6. Tesla is in the process of issuing new common stock, with flotation costs of 4% of the issue price. Attempt 1/10 for 10 pts. Part 1 What is the cost of new common stock? 4+ decimals Submit

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