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The FLF Corporation is preparing to evaluate capital expenditure proposals for the coming year. Because the firm employs discounted cash flow methods, the cost of capital for the firm must be estimated. The following information for FLF Corporation is provided:  If FLF Corporation must assume a 20% flotation cost on new stock issuances, what is the cost of new common stock?A. 6.25% B. 15% C. 16.25% D. 10% |