Question 29 (1 point) LowPro Company wants to know its weighted average cost of capital using either internal (R.E.) funds or external funds (issuing new stocks). The company has just paid $3 in dividends (Do) and the stock is currently traded for $50 per share. The growth rate of the dividend payment is assumed to be 5%. The flotation cost of issuing new common stock is $3. Calculate the cost of common stock using internal capital (Retained earnings). 11.00% 10.83% O None of the answers is correct 11.30% 11.43%