The firm issued a new stock for $10, with the $0.80 dividend just paid, expected to grow at 5%. The flotation cost of selling new common stock is $1. The tax rate is 21%. What's the cost of new common stocks? 15% 13.4% 14.33% 11.32% The firm estimates that it needs to initially invest $80 in new project, with the following cash flows: year 1 $30, year 2 $25, year 3 $40, year 4 $10. If the cost of capital is 10%, what is the NPV? 4.82 84.82 80 o a 25