10.

.2.078 y issues common stock at a price of $25 a share. The firm expects to pay a 2.5% annually, 10. XYZ Compan dividend of $2.20 a share next year. If the dividend is expected to grow at what is XYZ's cost of common equity? A. 6.3% B. 11.3% C. 13.7% D. 8.9%