U 21.9% 10.00 percent, and NDP's beta is 0.9? 17) What would be the 1) what would be the cost of a new common stock issue for Pell Corp. if the firm's latest dividend was spel share, the stock price is currently $90.00 per common share, dividends are expected to grow at 3 percent p thereafter, and the new common stock flotation and underpricing costs total $5 per share? a) 6.43% b) 6.64% c) 6.53% d) 6.33% 18) A firm has determined its cost of each source of capital and the optimal capital structure: Sources of capital Target market proportions, % After-tax cost, % Long-term debt Preferred stock Common stock 40 10 50 12 15 Given this information, the weighted average cost of capital is a) 11.33 percent b) 34 percent c) 11.50 percent d) 15 percent