need help please

Question 25 (3.5 points) Costly Corporation is considering using equity financing. Currently, the firm's stock is selling for $71.00 per share. The firm's dividend for next year is expected to be $4.10 with an annual growth rate of 8.0% thereafter indefinitely. If the firm issues new stock, the flotation costs would equal 15.0% of the stock's market value. The firm's marginal tax rate is 40%. What is the firm's cost of internal equity? 12.99% 14.79% 14.24% 15.34% 13.77%