Windy Corp is estimating the cost of common stock using the constant dividend growth model if it issues new common stock. Windy's current stock price is 25 and its estimated dividend in time 0 is 1.24. Windy estimates that the underwriter will charge 2.3% of the common stock price for issuing shares. Windy estimates a growth rate of 4.8%.What is the estimated cost of NEW common stock for Windy?