kaycee company is expected to pay a dividend of $3.50 per share. the dividend is expected to grow at a constant rate of 10% per year. the price of kaycee's common stock today is $40 per share. if kaycee decides to issue new common stock, flotation costs will equal $4.00 per share. kaycee's marginal tax rate is 35%. based on the above information, the cost of new common stock is group of answer choices 18.55%. 20.09%. 16.41%. none is correct. 19.70%.