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QUESTION 41 All in Corporation's common shareholders expect to receive $1.95 per share dividend next year based on the fact that they received $1.50 last

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QUESTION 41 All in Corporation's common shareholders expect to receive $1.95 per share dividend next year based on the fact that they received $1.50 last year and they expect dividend to grow 10% next year. Furthermore, analysts predict that dividends will continue to grow at a rate of 10% into the foreseeable future. If All in were to issue common stock at $35.00 a share, the firm would incur a $4.50 per share cost to sell the new shares. What is the cost of the new common stock issue? 11.97% C 16.39% 15.96% 12.86%

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