Trahan Lumber Company hired you to help estimate its cost of capital. You obtained the following data: D1=$1.25;P0=$30.00;g=5.00% (constant); and F=6.00%. What is the cost of equity raised by selling new common stock? 11.70% 9.43% 9.72% 7.73% 9.15% Weaver Chocolate Co. expects to earn $3.50 per share during the current year, its expected dividend payout ratio is 65%, its expected constant dividend growth rate is 6.0%, and its common stock currently sells for $35.00 per share. New stock can be sold to the public at the current price, but a flotation cost of 5% would be incurred. What would be the cost of equity from new common stock? 15.28% 14.77% 12.84% 10.40% 10.53%