The Barnhart Corporation was involved in issuing new common stock at a market price of $37. Dividends last year were $1.25 and are expected to grow at an annual rate of 7 percent. Flotation costs will be $2.25. What is Barnhart's cost of common stock for the new issue? A. 9.1%. B. 10.6%. C 3.6%. D. 13.3%. ENone of the above