Question 4 Use the information to answer the following questions. Incorrect . The Global Advertising Company has a marginal tax rate of 40%. 0 points out of 5 . The company can raise debt at an 8% interest rate. Flag . The last dividend paid by Global was $1.10. Global's common stock is selling for $7.93 per question share, and its expected growth rate in earnings and dividends is 4%. . Global plans to finance all capital expenditures with 30% debt and 70% equity. What is Global's cost of common stock if it can use retained earnings rather than issue new common stock? Select one: a. 19.65% . b. 17.78% X C. 16.23% d. 18.43% e. 19.04%